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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. billion raised—up 63% on the previous year. The 2Q figure, at $3.9

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A dealership marked up a Hyundai IONIQ 5 N’s price by $20k

Baua Electric

Photo: Hyundai Hyundai just released the IONIQ 5 N’s price just a couple weeks ago, and a California dealer has already marked the MSRP up on the automaker’s newest, most powerful EV by $20,000. Sales/finance manager were really disrespectful over pricing and me knowing about their allocations and being an Nfluencer. seconds.

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PHEV conversion company Echo Automotive completes $3M financing, joins CALSTART

Green Car Congress

a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. and Dickenson Fleet Services to serve as a national service centers and installers.

Financing 218
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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.

Financing 270
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HAV Hydrogen to introduce deck-based containerized, modular H2 system for ships

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The containerized, deck-based system is our response to shipowners who want a retrofit option that represents significantly lower cost and risk for vessels that have not already been prepared for a conventional retrofit installation below deck. —Kristian Osnes, managing director at HAV Hydrogen.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

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Qmerit launches turnkey EV charging solution for commercial properties

Green Car Congress

Qmerit’s commercial charging solution starts with a streamlined assessment process that makes it easier for property owners to get proposals and pricing estimates for EV charging projects. By bridging this gap, Qmerit hopes to spark a significant uptick in charging installations at commercial properties across North America.