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VW Mexico signs 20-year agreement for 130MW of wind energy from Mexico Power Group

Green Car Congress

Volkswagen Mexico has signed a 20-year agreement to purchase 130 megawatts (MW) of renewable energy from Mexico Power Group’s La Bufa wind farm development in Zacatecas, Mexico. Under the agreement, Volkswagen Mexico plants will save more than 45 million pesos (US$3.6

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IRENA: Mexico can more than quadruple share of renewable energy by 2030

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Mexico can increase the use of renewable energy in its energy mix from 4.4% in 2010 to 21% by 2030, according to a report released by the International Renewable Energy Agency (IRENA). Current plans, however, would only achieve a 10% share of renewables by 2030. billion in total energy system costs by 2030.

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NREL study suggests cost gap for Western renewables could narrow by 2025

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A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations. mmBtu and $8.43/mmBtu.

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GM to use wind power for more than 50% of annual vehicle output from Arlington Assembly plant

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General Motors’ Arlington, Texas, Assembly plant will soon be able to build up to 125,000 trucks a year using wind power. The 115 million kilowatt hours of renewable energy will be enough to manufacture more than half of the plant’s annual vehicle output. million in energy costs annually. million in energy costs annually.

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How Will EV Charging Powered by Renewable Energy Create a Greener World

Driivz

This is the second post of our renewable energy and EV charging series. Sources of clean and renewable energy are increasingly being integrated by utilities around the world. What is Renewable Energy? Basically, renewable energy , also known as clean energy or green energy, never runs out. power generation.

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Toray to enter large tow carbon fiber business via $584M acquisition of Zoltec; wind and automotive markets

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Zoltek is a large two carbon fiber manufacturer; large tow carbon fiber is carbon fiber with 40,000 or more filaments applied for applications such as wind turbine blades and reinforced plastics compounds, and is produced on modified acrylic staple fiber production lines for textiles. Toray Industries, Inc. is acquiring Zoltek Companies, Inc.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion of final investment decisions on offshore wind projects in Europe. billion set in 2011. billion, up 39% from 2013.

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