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

Green Car Congress

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Financing 244
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The Case for Nuclear Cargo Ships

Cars That Think

At a July meeting of the International Maritime Organization , the U.N. At the same time, it’s becoming apparent that alternative-fuel solutions we’re looking at have big drawbacks, and that producing these fuels will take a lot of green power that will be needed to replace coal and gas on shore.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

Green Car Congress

LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. impacts on existing generating plants from pending or anticipated environmental rules on emissions, use of water resources, and coal ash handling and disposal.

EPRI 239
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Leading international efforts for GHG emission reductions and adaptation. Leading international efforts for GHG emission reductions and adaptation. Burning natural gas is about one-half as carbon-intensive as coal, which can make it a “bridge fuel” for many countries as the world transitions to even cleaner sources of energy.

Obama 249
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Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

Green Car Congress

CO 2 + water + renewable energy → e-diesel. Dresden-based sunfire’s unique demonstration rig uses regenerative electricity to convert CO 2 captured from the air (using technology from Climeworks AG ) and water into synthetic fuel with its Power-to-Liquids process. Earlier post.). Click to enlarge. —Thomas Böhni.

Diesel 150
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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

Green Car Congress

billion in tax subsidies for oil, coal and gas industries. 41 million for water power. Select EERE Programs and Financing (US$ millions). Water power. Provides $668 million to Fossil Energy R&D for the ”Clean Coal Power Initiative.“ increase over FY 2010 estimates. 123 million for wind energy.

2011 231
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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

Green Car Congress

trillion in 2010) would be required to overcome poverty; increase food production to eradicate hunger without degrading land and water resources; and avert the climate change catastrophe. The reports estimates that incremental green investment of about 3% of world gross product (WGP) (about $1.9 A global “Top Runner Program”.

Global 338