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USDA to award $11M loan guarantee to Oregon biorefinery

Green Car Congress

Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. The biorefinery will be built on land owned by the Port of Morrow, one of the largest ports in Oregon. USDA has financed projects in Florida, Georgia, Iowa, Louisiana, Michigan, Nevada, New Mexico, North Carolina and Oregon.

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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

Green Car Congress

According to the GEA this was due to 4 new geothermal power projects moving to completion, but also reflects difficulty obtaining final permits and difficulty obtaining financing. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects. California.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

Green Car Congress

USDA’s loan commitment to Cool Planet is being financed from the remainder of the Biorefinery Assistance Program funds authorized in the 2008 Farm Bill. An additional project financed from these funds will be announced later this month. Earlier post.). Congress reauthorized and extended the program in the 2014 Farm Bill.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Florida Power and Light Company. Charging infrastructure financing: Unlocking Up $4.5 Duke Energy Florida. Among the actions announced are: Unlocking up to $4.5 Con Edison. Connecticut Green Bank. Dayton Power & Light Company. Duke Energy. Edison Electric Institute. Electric Drive Transportation Association (EDTA). Con Edison.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

Green Car Congress

Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. USDA’s Agricultural Research Laboratory (ARS) in Corvallis, Oregon will assess biochar quality for soil uses, including returning carbon to forest.

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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

Lane Transit District, Oregon: $3,000,000. Broward County Transit, Florida: $2,000,000. Material is being financed and procured through the New York Power Authority. Tri-County Metropolitan Transportation District of Oregon, Oregon: $750,000. Palm Tran, Florida: $320,000.

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EV Chargers for All!

Cars That Think

Gillian Flaccus/AP Renters in the United States are now spending 30 percent of their income on rent, leaving little to finance the purchase of a vehicle. She uses an extension cord that plugs into a standard electrical outlet, since DeWhitt and her partner aren’t allowed to use the rental home’s garage.