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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

Green Car Congress

The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth. It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels.

Global 170
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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

Green Car Congress

The National Alliance for Advanced Transportation Batteries (NAATBatt) ( earlier post ) has selected a site in Hardin County, Kentucky to build a more than $600-million automotive lithium-ion battery plant. Kentucky was selected over Texas, Illinois, Kansas, Missouri, New York, Pennsylvania and South Carolina.

Li-ion 150
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GE to Open Sodium-Metal Halide Battery Plant in New York

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The battery business will be a part of GE Transportation and will serve customers in the rail, marine, mining, telecommunications and utility sectors. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy.

Sodium 191
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First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

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The areas of application are diverse: courier, express and package service providers (KEP, in German: Kurier-, Express- und Paketdienstleister); plant transportation in large corporations; service vehicles for plant maintenance, customer service, and assembly and internal transport within companies.

Mercedes 231
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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

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We also plan to genetically modify the algae to produce fatty acids of a specific length, to expedite the conversion of the fatty acids into fuels that can be used by our existing transportation infrastructure. Roberts adds that an additional benefit to using algae as a fuel source is that the algal cultures would be transportable.

Renewable 218
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions. Other than the good news on oil consumption, very little was said in regards to transportation fuels. Renewable energy projects are frequently financed with project rather than corporate finance.

Financing 150
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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

Car manufacturers: BMW AG, Daimler AG, Ford, General Motors LLC, Honda R&D, Hyundai Motor Company, Kia Motors Corporation, Nissan, Renault, Toyota Motor Corporation, Volkswagen. —“A portfolio of powertrains for Europe” Consortium members. Total Raffinage Marketing.

Plug-in 244