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Rivian to turn coal mine to solar energy center in Kentucky

Teslarati

Rivian plans to convert the Starfire Mine in Kentucky to a solar energy center. The Starfire Mine, Kentucky, was once one of the largest coal mines in the United States. It will be one of Kentucky’s largest renewable power projects once converted. The conversion is estimated to be a $1 billion solar project.

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Actions such as the debt tender offer and the issuance of 0% convertible notes earlier this year, together with anticipated broader access to capital from the new sustainable financing framework, are consistent with Ford’s objectives to further strengthen its balance sheet and financial flexibility and return its credit ratings to investment grade.

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US Fuels acquires coal-to-diesel IP for scalable plants near mine sites

Green Car Congress

Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck. Andrew Halarewicz, Sr.

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FPL Group and Duke Energy Pledge 10-year, $600M+ Commitment to Transition Fleets to PHEVs and EVs

Green Car Congress

In announcing their partnership, FPL Group and Duke Energy called for a wide variety of organizations to commit to greening their vehicle fleets, including corporations, governments, universities and other agencies. The initiative will begin 1 Jan. 2010, when both companies will begin tracking their commitment.

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ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

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Of the lead recipients, 24% are small businesses, 57% are educational institutions, 11% are national labs, and 8% are large corporations. Today’s technologies for making biofuels all rely on photosynthesis—either indirectly by converting plants to fuels or directly by harnessing photosynthetic organisms such as algae. Engineering E.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

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Delaware Transit Corporation. Delaware Transit Corporation will receive funding to purchase Proterra 35' Catalyst E2 battery electric Buses, serving Wilmington and Sussex County. Indianapolis Public Transportation Corporation. The City of Madison has a goal to convert the fleet to 50% electric by 2035. 54,992,016.

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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

Green Car Congress

Clermont, Kentucky). Northrup Grumman Corporation (Elkton, Maryland). Microsoft Corporation (Redmond, Washington). Eaton Corporation (Menomonee Falls, Wisconsin). High-Power Oak Ridge Converter (ORC) for Extreme Fast Charging (XFC) Applications, $750,000. Framatome Inc. Lynchburg, Virginia). Beam Suntory, Inc.