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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. By 2022, not even California will meet the 10% ZEV requirement. More than 2.2

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Much-loved EV startup Arcimoto warns of bankruptcy, idles factory

Teslarati

The company also noted that it had idled its factory in Eugene, Oregon because it was almost out of funding. Alliance Global Partners would be acting as the placement agent for Arcimoto’s offering. In its filing, Arcimoto noted that it is looking to sell 4,000,000 shares of common stock at just $3 each.

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Kia is offering up to $12,000 off 2024 EV6 and EV9 models with new discounts

Baua Electric

After launching in August 2021, Kia has sold over 210,000 EV6 models globally. Or, rather than the cash offer, you can opt for 0% financing for 60 months. In some states (California, Oregon, and Washington), the EV9 Land is eligible for $10,400 in lease cash. The 2024 EV6 has received the maximum discount.

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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

Other state DOTs also are researching alternative financing methods to supplement or replace a gas tax. The state of Oregon conducted a similar study completed in November 2007 and Iowa, Nevada and Texas are among several states currently researching mileage-based user fees.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles.

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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. Global Algae Innovations, “Algae Direct Air Capture Scale-up to Multi-Acre Raceways”, $3,600,000. MicroBio Engineering Inc.,