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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. Turkey at $1.2

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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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Düsseldorf, Germany-base E.ON, one of the world’s largest investor-owned power and gas companies, is adopting a new strategic direction under which is will split itself in two. will take necessary preparatory steps for the New Company’s public listing. About 40,000 employees will be assigned to the distinctly focused company.

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Dow and AKSA forming JV for carbon fiber and derivatives; up to $1B investment in project within 5 years

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The Dow Chemical Company, through its wholly-owned subsidiary Dow Europe GmbH, and Turkey-based AKSA Akrilik Kimya Sanayii A.?. Following initial equity investments from the two companies, the JV will finance its growth through cash flow from operations and financial institutions.

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Global geothermal industry passes 12,000 MW operational

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New geothermal power came on line in Kenya, New Zealand, Nicaragua, Turkey, and Mexico, as well as Oregon, Nevada and Utah in the United States. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.

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Accelerating green wheels: BYD’s EV lease deal with Arval will electrify Europe’s roads

Baua Electric

A mere two years removed from its initial entry into new markets of Europe, Build Your Dreams (BYD) is looking to expedite its expansion with the help of Arval – a major vehicle leasing company overseas. Here we are, talking about BYD yet again.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.

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Ford launches the E-Transit in Europe, electrifying business productivity globally

Teslarati

The Detroit-based Ford, who recently separated its electric and combustion engine businesses into separate divisions , said the E-Transit vans built at its Otosan Factory in Kocaeli, Turkey, are making their way to European customers. Ford started delivering the E-Transit in the United States in February.

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