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Can a New Power Link Boost the EU’s Energy Independence?

Cars That Think

At the moment, the Caucasus nations dont produce enough renewable electricity to export it, so they would have to build at least three times more capacity. In 2016, for example, the country set a goal of sourcing 20 percent of its energy from renewables by 2020. A 2022 road map from the World Bank, the International Finance Corp.,

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Carmakers prioritise powertrains and plan production possibilities

Baua Electric

Meanwhile, production planning has been carried out as companies make cutbacks. While some companies look to cut operating costs, others are continuing to invest in development projects. Renaults CEO Fabrice Cambolive told Autocar the company will focus on full hybrids (HEVs). billion globally.

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Polestar secures $450M loan as new-model rollout continues

Baua Electric

Polestar is also renewing a European Green Trade Finance Facility (TFF) for 480 million euros, or approximately $499 million at current exchange rates. In a press release, Polestar said it had secured a 12-month loan facility of up to $450 million, following an $800 million 12-month facility locked in by the automaker in December.

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Tesla is trying to make a statement with its Q2 delivery numbers

Teslarati

Tesla also announced a 0% APR financing program for new Model 3 orders in the United States. The Model 3 Performance even received an extra incentive, with the company offering premium paint colors such as Deep Blue Metallic and Pearl White for free with every vehicle purchase. 0% APR financing for new Model 3 orders.

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Taxing the Distance

Energy Institute at HAAS

Much of US road infrastructure is financed by taxing gasoline. Energy Institute alum, Chris Knittel , along with Gib Metcalf and Shereein Saraf , have a new working paper , which takes a swing at one of the less thrilling, but wildly important, topics in public finance: how we pay for roads when no one’s buying gas anymore.

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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

Green Car Congress

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. By creating renewable fuel and sequestering the biochar in the ground as soil enhancer, the process permanently removes atmospheric CO 2 for hundreds of years. Click to enlarge.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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