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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

Financing 221
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GreenCell Mobility secures Rs 300 crore in green financing from Sumitomo Mitsui Banking Corporation | Autocar Professional

Baua Electric

This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also SMBC’s first Project Finance transaction in E-Mobility in Asia Pacific, the press release noted.

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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

We believe that clean distributed power generation from fuel cells will be one of the key technologies that drive our country toward a cleaner energy future. We want to actively participate in the construction of FuelCell Energy power plants in order to promote choice and meet the specific needs of our existing and future customers.

Financing 244
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Renault shows the future of bidirectional charging

My Energi

Renault recently unveiled a glimpse into the future at this year’s Geneva International Motor Show. What’s more, they’re far more cost effective overall and – as the unit is fitted by the vehicle manufacturer – the cost is simply wrapped into your finance deal, rather than being an outright purchase cost.

Future 52
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Direct lithium extraction company EnergyX secures $20M in funding commitments

Green Car Congress

(EnergyX) has secured commitments of $20 million in financing. In 2020, EnergyX announced a pilot partnership with Orocobre Limited ( earlier post ) to deliver high-quality and comprehensive solutions that will lead to a cleaner, more efficient lithium extraction. EnergyX and Orocobre plan to deploy their pilots in the near future.

Companies 448
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SolarCity and Honda establish investment find to finance $65M in solar projects for Honda and Acura customers

Green Car Congress

are partnering to make solar power more affordable and available to Honda and Acura customers in the US, providing a cleaner source of electricity at a lower cost than utility-supplied power. SolarCity and American Honda Motor Co.,

Acura 218
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Australian Government establishes A$300M fund to support hydrogen projects

Green Car Congress

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

Hydrogen 286