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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.

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Rolls-Royce and SOWITEC cooperate on power-to-X projects

Green Car Congress

Rolls-Royce Power Systems and SOWITEC, a specialist in renewable energy projects, have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 megawatts by 2028. With more than 4.2

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TEMO’s easy-to-install electric outboard motors make DIY e-boats simple

Baua Electric

The proliferation of e-bikes started with easy-to-install conversion kits that allowed riders to take their existing bicycle and convert it into an electric bike. TEMO’s easy-installation electric outboard motors make it painless for boaters to convert their vessels into electric boats. The unit offers equivalent power to a 1.5

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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. Dr. Hermann Pengg, head of project management e-fuels, Audi, giving a talk on energy conversion and storage using Power-to-Gas at ASPO 2012.

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AMPLY Power and Duke Energy Sustainable Solutions collaborate on bus fleet electrification and solar-powered overhead charging

Green Car Congress

AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. —Vic Shao, CEO of AMPLY Power.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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Palermo school buses go electric with funding and 50% lower electricity rate from AMPLY Power

Green Car Congress

Adding another school district fleet electrification program to its growing list of customers, AMPLY Power has been selected to manage the charging of electric school buses for the Palermo Union Elementary School District in Northern California. a gallon to power its vehicles. —Vic Shao, founder and CEO of AMPLY Power.

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