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T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

Italy, Poland, Germany, the UK, Spain and France, which buy 70% of the urban buses sold in Europe, lag behind. However, Germany is now financing 80% of the higher purchase cost of e-buses. T&E said the EU’s €750-billion COVID recovery fund is a clear way to finance e-bus deployment.

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Electra Vehicles, Inc. Announces $21 Million Financing Round led by United Ventures

Electra Vehicles

Boston, USA & Milan, Italy, 22nd February 2023 - , Electra Vehicles, Inc. , The company has recently opened an Italian branch based in Turin, Italy, to expand its presence in the Italian and European markets and accelerate the energy transition to a more sustainable future through electric mobility.

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EC approves €3.2B public support by 7 Member States for a pan-European battery push

Green Car Congress

The European Commission has approved under EU State aid rules an Important Project of Common European interest (IPCEI) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries.

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Abellio, Alstom, NASA and Rolls-Royce to implement new hybrid drive solution on Coradia Lint diesel trains

Green Car Congress

The four partners plan to sign a contract covering the retrofit of at least three vehicles once the studies have been successfully concluded and financing is secured. The total operating costs of rail vehicles with MTU hybrid drives are also significantly lower.

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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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Novozymes introduces its latest enzyme technology for cellulosic biofuels; performs 1.5x better than predecessor

Green Car Congress

The enzyme enables more cost-efficient conversion of biomass to ethanol and performs 1.5 Cellic CTec3 allows the cost of producing ethanol from biomass to approach the level of corn ethanol and gasoline, according to the company. times better than its predecessor, Cellic CTec2. Earlier post.). —Novozymes’ CEO Steen Riisgaard.

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Is Europe’s Nuclear Phaseout Starting to Phase Out?

Cars That Think

Italy hasn’t hosted nuclear power at all since 1990. Some of these anti-nuclear forces have recently found a sparring ground with France in drafting the EU’s sustainable finance taxonomy , which delineates particular energy sources as “green.” (So, incidentally, will natural gas, which the current German government actually favored.)

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