Green Car Congress

JULY 26, 2023

has entered into a Master Services Agreement (MSA) with a subsidiary of McDermott International, Ltd to provide front end engineering and early planning services for Gevo’s development of multiple sustainable aviation fuel facilities in North America. This MSA is the first step towards adding McDermott as a project EPC partner.

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South Dakota Fuel North America Renewable 150

Green Car Congress

DECEMBER 22, 2022

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

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Africa Mauritania Hydrogen Green 481

Green Car Congress

APRIL 16, 2017

million Series B financing round, co-led by new investor Groupe Lune Rouge and current investors Cycle Capital Management, and BDC Venture Capital. Unlike those crops, carinata is not meant for human food consumption; the oil it produces is intended for industrial use, mainly in the production of bio- and jet-fuels.

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Financing Companies Fuel Oil 150

Green Car Congress

JUNE 15, 2021

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Maintenance Cost Of Chad Plug-in 418

Green Car Congress

FEBRUARY 10, 2015

Algal fuels producer Algenol has closed on a $25-million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects. Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process.

Financing 150

Financing International Florida India 150

Green Car Congress

NOVEMBER 5, 2020

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. In addition, it plans to promote a pilot operation business of fuel cell electric vehicles. Hyundai Motor signed an MOU with Shanghai Electric Power Co., Shanghai Sunwise New Energy System Co.,

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Hyundai Commercial China Motors 356

Green Car Congress

AUGUST 3, 2014

which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The company has the option to continue the financing term for each project after COD for a maximum term of five years per project. per share.

Financing 244

Financing Energy Companies Carbon 244

Green Car Congress

AUGUST 22, 2012

Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. Fossil fuel subsidies continue to far outweigh support for renewable energy, according to new research conducted for the Worldwatch Institute’s Vital Signs Online service. GSI: Fuel Subsidies in India. Source: Worldwatch.

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Renewable International Fuel Energy 312

Green Car Congress

JANUARY 20, 2021

Volta, a builder of commerce-centric electric vehicle (EV) charging networks, announced an oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing. It will also allow Volta to begin its international expansion.

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Charging Financing Store Porsche 417

Green Car Congress

AUGUST 23, 2011

Stationary fuel cell manufacturer ClearEdge Power has raised $73.5 million in Series E financing through the sale of new shares and the conversion of previously issued promissory notes. The company designs, manufactures and markets the ClearEdge5 system, a fuel cell appliance that converts natural gas to electricity and heat.

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Financing Power Powered Gas-Electric 210

Green Car Congress

NOVEMBER 1, 2016

The Port of Seattle, SkyNRG and Carbon War Room (CWR) are partnering to investigate long-term financing mechanisms that could supply all airlines at Seattle-Tacoma International Airport (Sea-Tac) with sustainable aviation fuels. —Port of Seattle Commission President John Creighton. —Theye Veen, CFO of SkyNRG.

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Financing Seattle Carbon Fuel 150

Green Car Congress

APRIL 15, 2023

TerraStar Energy signed a Memorandum of Understanding (MOU) with Emerging Fuels Technology (EFT) to license EFT’s Fischer-Tropsch (FT) and Maxx Jet/Maxx Diesel proprietary technology ( earlier post ) to build a fleet of FLEX plants—small-scale, modular renewable diesel facilities.

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Diesel Fuel Energy Waste 170

Green Car Congress

NOVEMBER 30, 2020

Empa, together with FPT Motorenforschung AG Arbon, Politechnico di Milano, lubricant manufacturer Motorex and other partners, is exporing the use of DME as a fuel for heavy-duty engines. The research project is co-financed by the Swiss Federal Office of Energy (FOEN). —Patrik Soltic.

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Engine Fuel Exhaust Gas-Electric 410

Green Car Congress

AUGUST 21, 2020

Under this contract Trafigura is expected to take delivery of 25 million gallons per year of renewable hydrocarbons, the majority of which is expected to be low-carbon premium gasoline with a smaller portion of the volume for sustainable aviation fuel (SAF), starting in 2023.

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Gasoline Carbon Fuel Minnesota 220

Green Car Congress

JANUARY 17, 2020

MISC Berhad, Samsung Heavy Industries (SHI), Lloyd’s Register and MAN Energy Solutions will work together on a joint development project (JDP) for an ammonia-fueled tanker to support shipping’s drive towards a decarbonized future. Ammonia is a carbon-free fuel and can be produced from renewable electricity. Earlier post.).

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Fuel 2019 Singapore Emissions 221

Green Car Congress

APRIL 7, 2022

These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines. With its investment in HIF Global LLC, Porsche is participating in an international financing round alongside the Chilean company Andes Mining & Energy (AME) and the American companies EIG, Baker Hughes Company and Gemstone Investments.

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Porsche Chile Global Industrial 243

Green Car Congress

JUNE 29, 2019

into cost-competitive chemicals and fuels. An international panel of judges from the private, public, and nonprofit sectors selected two winners in each of this year’s five prize categories: Carbon Capture & Utilization. is using pay-as-you-save financing to help transportation companies switch to electric buses. Earlier post.).

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2019 Lesotho Conversion Aspen 207

Green Car Congress

MAY 31, 2021

The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1

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Financing Climate Stimulus Climate Change 296

Green Car Congress

SEPTEMBER 5, 2021

With a daily refueling capacity of 600 kg, it can serve 50-60 hydrogen fuel cell buses per day. Early in February, CNPC had put into operation its first hydrogen station for the 2022 Winter Olympics in Chongli District, Zhangjiakou City, refueling more than 470 hydrogen fuel cell vehicles during the Winter Olympics test events.

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Hydrogen Asia Russia Africa 300

Green Car Congress

APRIL 15, 2022

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The world is rapidly transitioning away from fossil fuels and towards clean energy, and recent events have only accelerated that move. We can no longer tie our economies to unreliable fossil fuels.

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Manufacturer Companies India Hydrogen 225

Green Car Congress

FEBRUARY 22, 2023

to finance the development and production of low-carbon fuels and energy transition metals. gross overriding royalty on a producing natural gas field in Latin America, providing exposure to a lower-carbon transition fuel aligned with government emissions reduction policies. NORI and Low Carbon Royalties are a great fit.

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Carbon Companies Nauru Kiribati 352

Green Car Congress

AUGUST 14, 2021

There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before. There were gaps in the data, especially with respect to alternative fuel powertrains—electric vehicles, fuel cell vehicles.

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Transportation Alternative Fuels Maintenance Chad 435

Green Car Congress

NOVEMBER 11, 2020

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8

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Climate Renewable Financing 2018 349

Green Car Congress

JULY 25, 2021

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. This infusion of funds from trusted partners allows Rivian to scale new vehicle programs, expand our domestic facility footprint, and fuel international product rollout. Rowe Price Associates, Inc.

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2019 Financing Ford Price 334

Green Car Congress

AUGUST 20, 2011

a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. Coskata Inc., After this first close to the round, Coskata plans a final close of the transaction in Q4 of 2011.

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Financing Pennsylvania General Motors 2011 199

Green Car Congress

DECEMBER 21, 2010

which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. Naxos Capital Partners led the round with additional new investors, including Total Energy Ventures International, joining TPG Biotech and TPG Growth in the financing.

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Financing Renewable South America Energy 210

Green Car Congress

SEPTEMBER 5, 2022

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

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South Africa Hydrogen Green Africa 186

Green Car Congress

AUGUST 23, 2010

Yet current transport patterns, based primarily on private motorised vehicles, generates many social, environmental and economic costs, accounting for more than half of global liquid fossil fuel consumption and nearly a quarter of the world's energy related carbon dioxide (CO2) emissions (IEA, 2009).

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Sustainable Transportation Financing Transportation Global 231

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Darling International Inc.

Financing 186

Financing Renewable Diesel Louisiana 186

Green Car Congress

JUNE 2, 2022

Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Concessional finance has been a key enabler for the development of renewable power generation in emerging economies and could play a similar role in the EV sector.

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Transportation Emissions Fleet Economy 473

Green Car Congress

MAY 11, 2018

The partners will work to meet the specific sustainable aviation fuel timetable and goals approved by the Port of Seattle Commission in December 2017: for a minimum of 10% of sustainable jet fuel to be produced locally from sustainable sources within 10 years, increasing to 50% by 2050.

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Seattle Alaska Fuel 2017 170

Green Car Congress

DECEMBER 18, 2019

The global maritime transport industry has submitted a proposal to the UN IMO to form the world’s first collaborative shipping R&D program to help eliminate CO 2 emissions from international shipping. The proposal includes core funding from shipping companies across the world of about US$5 billion over a 10-year period.

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Emissions Mariner International Carbon 195

Green Car Congress

NOVEMBER 28, 2018

Global Bioenergies has received 13 letters of intent from French and international industrial leaders for purchases totaling 49,000 to 64,000 tons of isobutene and derivatives annually. The letters of intent come from the cosmetics, specialty fuels, road fuels and air transport industries.

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Purchase Global Renewable Financing 207

Green Car Congress

FEBRUARY 24, 2023

An alternative to fossil fuels is power-to-X fuels, which are synthesized from electrolysis-based hydrogen. The most important power-to-X fuel is currently hydrogen itself. In this reactor, pure hydrogen is produced from ammonia through cracking and subsequent purification, which is then injected into PEM fuel cells.

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Transportation Industrial Industry Energy 273

Clean Fleet Report

DECEMBER 17, 2023

The Feds Are Leading the Charge for Hydrogen-Powered Trucks Fuel cell technology promises to be the most feasible solution to make long-distance truck driving more sustainable. The federal government intends to spend $7 billion in the coming years to finance various state government, research organization and private company projects.

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Hydrogen Fuel South Korea Kenworth 61

Teslarati

JANUARY 15, 2024

The International Energy Agency (IEA) released its Renewables 2023 report earlier this month, marking the first of the organization’s comprehensive climate analyses released since the 2030 goal was set at the COP28 conference. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For

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Coal Renewable Global Wind 133

Green Car Congress

FEBRUARY 15, 2013

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. International sources. The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6% Rebate program.

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Industrial Industry Price Fuel 259