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DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

Green Car Congress

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. Installations of public access dispensing have been sited at existing retail gasoline stations.

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BP joins GE, Google Ventures, ConocoPhillips, and NRG Energy in biomass-to-gasoline startup CoolPlanet’s C Round

Green Car Congress

a start-up company developing a technology that converts low-grade biomass into high-grade fuels, including gasoline, and carbon that can be sequestered ( earlier post ) announced that BP Technology Ventures has made an investment in the company’s C Round of financing. CoolPlanet BioFuels, Inc.,

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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Lux Research: fuel cell vehicles lag other drivetrains in terms of cost of ownership; ICE and HEV lowest cost

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Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.

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GE Energy Financial Services joins $8M investment round in biomass-to-gasoline startup

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Gas chromatograph traces of conventional 87 octane gasoline (top) and CoolPlanetBioFuels drop-in gasoline produced from corn cobs. This venture capital investment was led by North Bridge Venture Partners, which had also led CoolPlanet’s financing round last year. Source: CoolPlanetBioFuels. Click to enlarge. Click to enlarge.

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EIA: cellulosic biofuels will likely remain well below EISA targets

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Several reasons underpin slow growth in the commercialization of biofuels, according to the EIA: Difficulties obtaining financing in the aftermath of the debt crisis; Technology scale-up difficulties at startup companies; and. Strategic corporate shifts because of increased availability of low-cost natural gas.

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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

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The collaboration, forged by the White House in partnership with DOE and the Department of Transportation (DOT), the US Air Force and US Army, and the Environmental Protection Agency, is centered on a set of Guiding Principles to Promote Electric Vehicles and Charging Infrastructure. Electric vehicle coalition.

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