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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. The concept is the same embodied in Audi’s e-gas project ( earlier post ), to which the VGV proposal makes continued reference.

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Gevo closes $68M Green Bond to finance RNG project

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has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. Gevo fully funded the RNG Project’s development costs and 100% of its equity capital from cash reserves. The RNG Project will generate RNG captured from dairy cow manure.

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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 In the first stage, natural gas is combined with oxygen to form a syngas.

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GE Capital and Clean Energy form strategic alliance to accelerate adoption of natural gas in trucking industry

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GE Capital’s Transportation Finance business and Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. However, actual sales will be much lower and limited by vehicle availability.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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Comparative levelized cost of electricity in 2025 ($/MWh) at different CO 2 prices. Representative costs are reported in constant December 2010 US dollars. LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Source: EPRI.

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Calysta completes $3M Series A financing; biological conversion of methane to fuels and chemicals

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Calysta Energy completed a Series A financing round totaling $3 million. Calysta intends to use the Series A investment to advance development of biological routes to high value industrial chemicals and fuels based on methane, an advantaged feedstock from natural gas. The financing was led by Pangaea Ventures Ltd.,

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