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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. Although they are targeting an initial implementation France, they see it as broadly applicable. Diagram: Isabelle Plat. Click to enlarge.

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Renault signs two major battery deals for production in France; Envision AESC and Verkor

Green Car Congress

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. Investing to build a new gigafactory in northern France, we aim to support the net zero carbon transition by making high performance, longer range batteries and EVs affordable and accessible for millions more motorists.

France 334
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France and Québec to partner on electric vehicles

Green Car Congress

The Prime Minister of Québec Pauline Marois and the Minister of Economy and Finance of the French Republic, Pierre Moscovici announced the creation of a Franco-Québécois working group on electric vehicles to promote collaboration between industry and research in Québec and France in this area.

France 218
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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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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

Green Car Congress

Headquartered in Los Angeles, California, with an engineering center in Toulouse, France, and a flight test center in Moses Lake, Washington, Universal Hydrogen is rapidly growing its team. As early investors, we are proud to continue to support their efforts in any way we can. —Jim Adler, founding Managing Director of Toyota Ventures.

Hydrogen 397
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THINK Partners with MOBIVA Groupe in France; Largest Distribution and Service Deal Yet

Green Car Congress

EV maker THINK is entering the French market through a partnership with MOBIVIA Groupe (which incorporates the Norauto, Midas, Carter Cash, Maxauto and Synchro Diffusion brands in France), and its newly established sustainable mobility division, O2City.

France 186
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.

Financing 243