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. Source: Worldwatch. Click to enlarge. Total subsidy.

Renewable 312

Renewable International Fuel Energy 312

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344

Global Energy Coal 2020 344

Green Car Congress

DECEMBER 11, 2022

Many new vehicles that leave the Audi plants in Germany are delivered with R33 fuel—a blend comprising one-third renewable components. R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. HVO (hydrotreated vegetable oil)—and 7% biodiesel.

Gasoline 492

Gasoline Germany Audi Diesel 492

Green Car Congress

OCTOBER 3, 2019

Global Bioenergies will soon be receiving €2.6 Global Bioenergies will soon be receiving €2.6 Financing a first of its kind plant, based on an innovative technology is always a challenge. —Marc Delcourt, CEO of Global Bioenergies. Global Bioenergies and Cristal Union created the joint venture IBN-One.

Global 223

Global Financing France Renewable 223

Green Car Congress

AUGUST 12, 2020

ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. As background, globally, in 2019, ExxonMobil sold some 1.9 million barrels per day of heating oils, kerosene and diesel oils.

Renewable 186

Renewable Clean Cleaning Diesel 186

Green Car Congress

JULY 3, 2012

Global Bioenergies, an industrial biology company. Finance research on other molecules. The construction of the industrial pilot will start mid-2013 ; this construction as well as the corresponding assays to be carried out subsequently will require an additional financing. million (US$3.8 million) on NYSE Alternext in Paris.

Global 231

Global Financing Convert 2013 231

Green Car Congress

MARCH 26, 2013

Global Bioenergies, an industrial biology company that develops sustainable routes to light olefins, announced a new €740,000 (US$952,000) financing from OSEO , a French SME-funding state agency, to support the creation of an isobutene production strain compatible with industrial pilot testing. Earlier post.).

Industry 218

Industry Industrial Global Financing 218

Green Car Congress

NOVEMBER 12, 2009

a sweet sorghum ethanol company, to form a platform finance company which will provide project financing for EPEC and select financing initiatives in the biofuels and renewable energy sectors. In addition, EPEC seeks to become a global leader in manufacturing and servicing modular ethanol production equipment.

Financing 186

Financing Renewable Grant Energy 186

Green Car Congress

JUNE 11, 2015

France-based Global Bioenergies, the developer of a one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, has obtained new €1.4-million million) financing from Bpifrance on the isobutene program. —Marc Delcourt, CEO of Global Bioenergies.

Financing 150

Financing Germany Global Renewable 150

Green Car Congress

OCTOBER 24, 2011

Current levels of investments in low-carbon technology and infrastructure are substantially lower than the $500 billion per year deemed necessary by the International Energy Agency (IEA) to hold the increase of global average temperatures below 2 °Celsius—the target agreed to in Cancun last year.

Climate Change 360

Climate Change Climate Global Energy 360

Green Car Congress

MAY 27, 2011

UK Business Secretary Vince Cable announced the start of a competition to form an Offshore Renewable Energy technology and innovation centre. The centers allow businesses to access equipment and expertise to help them commercialize new and emerging technology, and to help them capture a share of the global market.

Renewable 218

Renewable Energy Wind Financing 218

Green Car Congress

JUNE 20, 2022

The aim is to foster the growth of electrified public transport globally through increasingly high-performance and competitive solutions. The success of these tests will be a key building block for Enel to include the Arrival Bus within its portfolio of global electrification solutions.

Italy 433

Italy Electric Electrical Financing 433

Green Car Congress

NOVEMBER 24, 2015

Global Bioenergies has reached two milestones—the labscale performance and the industrial process scale-up—of its process to produce renewable isobutene, one of them more than 2 months in advance. The BioMA+ project is financed by the ADEME in the context of the French “Investissements d’Avenir” State program.

Renewable 150

Renewable Global Convert Financing 150

Green Car Congress

MAY 10, 2011

Ranges of global technical potentials of renewable energy sources derived from studies analyzed in SRREN report. The authors reviewed more than 160 existing scientific scenarios on the possible penetration of renewables by 2050, alongside environmental and social implications; and then reviewed with four of these in-depth.

Renewable 218

Renewable Supplies Global Energy 218

Green Car Congress

JULY 4, 2022

As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

Russia 458

Russia Emissions Powered Power 458

Green Car Congress

JULY 12, 2013

Global Bioenergies, an industrial biology company developing light olefin bioproduction processes ( earlier post ), closed its capital increase launched 27 June 2013, raising a final gross value of €23 million (US$30 million). The capital increase originally resulted in a total order for 1.15 The initiation of new programs.

Light 231

Light Global Companies Convert 231

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

Porsche 243

Porsche Chile Global Industry 243

Green Car Congress

SEPTEMBER 11, 2014

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. New investors include Sustainable Conversion Ventures, which focuses on renewable fuels and chemicals investments.

Financing 218

Financing Light Companies CO2 218

Green Car Congress

JANUARY 20, 2021

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 Renewable energy investment. billion (down 11%).

2020 259

2020 Global Energy United Arab Emirates 259

Green Car Congress

MAY 21, 2015

Global Bioenergies, a developer of one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, and Cristal Union, the 4 th largest European beet producer, have formed IBN-One, a joint venture to build and operate the first plant in France converting renewable resources into isobutene.

Renewable 150

Renewable Global France Grant 150

Green Car Congress

FEBRUARY 6, 2018

In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).

Waste 199

Waste Financing Companies Canada 199

Green Car Congress

OCTOBER 8, 2014

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The companies have also collaborated on advanced projects that demonstrate the full potential of distributed renewables combined with plug-in electric vehicles, including Honda Smart Home US. Earlier post.)

Acura 218

Acura Honda Solar Financing 218

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 investment bank Vulcain is assisting IBN-One in putting together the financing package and identifying financial partners for the project.

Purchase 207

Purchase Global Renewable Financing 207

Green Car Congress

JULY 5, 2011

It is rapidly expanding energy use, mainly driven by fossil fuels, that explains why humanity is on the verge of breaching planetary sustainability boundaries through global warming, biodiversity loss, and disturbance of the nitrogen-cycle balance and other measures of the sustainability of the earth’s ecosystem.

Global 338

Global Energy Green Coal 338

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

Energy Storage 259

Energy Storage Global Market Energy 259

Green Car Congress

JULY 7, 2011

million in the first closing of its C-Round private equity financing. The investment will accelerate OPXBIO’s development and commercialization of renewable, bio-based chemicals and fuels that are lower cost, higher return and more sustainable than existing petroleum-based products. OPX Biotechnologies Inc. has raised $36.5

Renewable 186

Renewable Commercial Fuel Financing 186

Green Car Congress

AUGUST 8, 2011

a renewable oil and bioproducts company, and Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited, a global agribusiness and food company, have entered into a framework agreement for the formation of a joint venture entity focused on the production of triglyceride oils in Brazil. Solazyme, Inc.,

Brazil 199

Brazil Oil Renewable Commercial 199

Green Car Congress

NOVEMBER 21, 2013

Global Bioenergies will construct its second industrial pilot on the site of the Leuna refinery, close to Leipzig in Germany. The company’s German subsidiary, Global Bioenergies GmbH, located in the Bio-City building in Leipzig, was awarded the €5.7-million —Marc Delcourt, CEO of Global Bioenergies SA. million (US$7.7-million)

Grant 225

Grant Germany Global Industry 225

Green Car Congress

NOVEMBER 29, 2011

The renewable energy sector needs to improve risk management and access alternative sources of capital as operational risks rise and governments cut funding due to the uncertain economic environment, according to a new report by the Economist Intelligence Unit (EIU) sponsored by Swiss Re.

Renewable 199

Renewable Energy Financing Wind 199

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). As an early priority, CEFC will seek investment in projects included in the ARENA Renewable Hydrogen Deployment Funding Round. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

Hydrogen 286

Hydrogen Financing Australia Renewable 286

Green Car Congress

JULY 4, 2016

France-based Global Bioenergies announced that its German subsidiary, Global Bioenergies GmbH, secured a €400,000 (US$446,000) grant from the BMBF (the German federal ministry for research and education) to finance a 14-month-project aimed at producing renewable gasoline additives. million tons per year). Earlier post.)

Grant 150

Grant Audi Gasoline Renewable 150

Green Car Congress

JULY 1, 2022

The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.

Cost Of 210

Cost Of Renewable Wind Egypt 210

Green Car Congress

JANUARY 16, 2018

Life-cycle analysis specialist EVEA has estimated that fully renewable ETBE produced by the Global Bioenergies’ IBN-One plant would enable 69% reduction in greenhouse gas emissions compared to fossil gasoline. Fully renewable ETBE holds the potential to incorporate 2.7 Earlier post.). Earlier post.).

Gasoline 150

Gasoline Renewable Emissions Global 150

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. trillion in 2022, IRENA said.

Industry 243

Industry Industrial Global Lithium Ion 243

Green Car Congress

APRIL 6, 2015

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries.

2014 150

2014 Renewable 2013 Wind 150

Green Car Congress

OCTOBER 10, 2013

Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. All of humankind needs energy that is reliable, cleaner and more affordable.

Climate 218

Climate America Global Energy 218

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. Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Last ICE in 2038.

Transportation 473

Transportation Emissions Economy Fleet 473