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

Green Car Congress

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. Stored methane could become the “battery” for renewable energy, simultaneously making hydraulic fracturing obsolete, they proposed.

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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

Green Car Congress

Carbon capture: Becoming a world-leader in technology to capture and store CO 2 emissions away from the atmosphere, with a target to remove 10MT of carbon dioxide by 2030, equivalent to all emissions of the industrial Humber today. Nature: Protecting and restoring the natural environment, planting 30,000 hectares of trees every year.

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Ballard signs MOU with Global Energy Ventures for development of fuel-cell-powered hydrogen carrier C-H2

Green Car Congress

GEV will be responsible for design approvals, development, financing, and operation of C-H 2 Ship, along with integration of the required power system. Ballard’s FCwave system will obtain its hydrogen fuel from the compressed green hydrogen stored onboard and transported by the vessel. 200 kW FCwave module.

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Nio garners $2.2 billion investment from UAE fund

Teslarati

Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the company in July, according to Financial Times. We are looking for new investors, and financing is one of our daily jobs,” Qin said. “We Nio is aiming to enter the U.S.

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Hyundai bringing XCIENT Fuel Cell trucks to California

Green Car Congress

Macquarie’s Specialized and Asset Finance business, part of its Commodities and Global Markets division, will finance the trucks through a lease to the operator. Hyundai Motor teamed with public and private partners in the US to operate 30 units of Class 8 XCIENT Fuel Cell trucks, starting from the second quarter of 2023.

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Scania and Asko testing hydrogen fuel cell trucks

Green Car Congress

This very interesting project represents a unique opportunity to test the fuel cell technology for conversion of energy to our electric powertrains in a challenging customer operating environment. The research project is partly financed by the Norwegian government. —Nils-Gunnar Vågstedt.

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Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

Herein lies the critical role of batteries: they serve as a bridge between energy production and consumption, storing excess energy during peak production periods and releasing it when needed to ensure a stable and reliable energy supply.

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