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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.

Financing 170
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DOE to award up to $13M to four advanced biofuels projects

Green Car Congress

Hydrocarbon-based biofuels made from non-food feedstocks, waste materials, and algae can directly replace gasoline and other fuels. Oak Ridge National Laboratory will use a microbial electrolysis process to efficiently remove the hydrogen from the water found in bio-oil. Virent, Inc. (up up to $4 million).

Oklahoma 199
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ARPA-E awards $130M to 66 “OPEN 2012” transformational energy technology projects

Green Car Congress

Methane Converter to Electricity and Fuel. Bio2Electric will develop a small-scale reactor that converts natural. Conventional large-scale gasto-liquid reactors produce waste-heat, reducing the energy. convert natural gas into transportable liquids in one step. Capturing this energy would reduce both waste.

2012 240
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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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Robust Carbonic Anhydrases for Novel Biological, Sustainable and Low Energy CO2 Scrubbing Process from Waste Gases, $250,000. Sparkz (Knoxville, Tennessee). High-Power Oak Ridge Converter (ORC) for Extreme Fast Charging (XFC) Applications, $750,000. Mesofluidic Inline Separation for Produced Water Treatment, $246,979.

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DOE and USDA Select Projects for More Than $24M in Biomass Research and Development Grants

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(Englewood, CO) up to $1,780,862: to develop a yeast fermentation organism that can cost-effectively convert cellulosic-derived sugars into isobutanol, a second-generation biofuel/biobased product. The self-contained process uses minimal water and no acids or chemical additives. Velocys, Inc. BIOFUELS DEVELOPMENT ANALYSIS. USDA Awards.

Grant 199
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Volkswagen inaugurates 9.5 MW solar park at Chattanooga plant in US; key element of VW Group’s strategic sustainability targets

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25% less energy and water consumption, waste and emissions. Ten SMA inverters and 5 transformers (rated at 1500 KVA each) convert the 9.58 Low-flow water fixtures and no-touch sensors throughout the plant reduce water usage by 30%. MW of DC power to 7.6 MW of AC power connected to VW’s substation. Protected 100 ft.

Solar 268
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DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

Green Car Congress

streamline the process by which green plants convert carbon. production of oil, which is stored in seeds and is convertible to. wasted energy in plants into energy-dense fuel molecules. plants, and it is a liquid that can be extracted readily, separated, and converted into biodiesel fuel. The team will. field trials.

Energy 294