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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. This is the least developed supply chain element at this time.
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. If this potential production supplied the Volt Gas Volt plants, the nuclear plants could operate at nearly 100% capacity. Click to enlarge.
Ford and Sollers also signed a Letter of Intent with Vnesheconombank (VEB), the Russian development bank, for long-term financing for Ford Sollers of 39 billion Russian roubles, or approximately $1.4 The new business, named Ford Sollers, is scheduled to start operations later this year.
From 2024 this will be used to supply the bp refinery in Gelsenkirchen. By 2030, the network is to be extended to the Salzgitter steelworks and, if necessary, connected to other networks (shown in light blue). The IPCEI program can finance the network construction in part.
The system allows electric vehicles to be charged quickly and flexibly, and dealers can also use the stored electricity for the lighting and air-conditioning in their showrooms and workshops. The system has a total capacity of up to 328 kWh, which can be used to supply fast-charging stations with a transmission power of up to 150 kW.
The integration of OMVL will complete Juniper’s light-duty strategy to enter the mobile industrial, non-mobile industrial, and automotive segments. Strategic investments in new markets and OEM-class products and capabilities will allow Juniper to compete for leadership in the light-duty alternative fuels market, Westport says.
The latest long-term forecast from Bloomberg New Energy Finance (BNEF) shows sales of electric vehicles (EVs) increasing from a record 1.1 Annual global light duty vehicle sales. Source: Bloomberg New Energy Finance. In 2040, some 60 million EVs are projected to be sold, equivalent to 55% of the global light-duty vehicle market.
The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Adesina.
The report found that several clean energy technologies—including wind turbines, electric vehicles, photovoltaic cells and fluorescent lighting—use materials at risk of supply disruptions in the short term. This year, DOE will update its analysis in light of rapidly-changing market dynamics.
Universal Hydrogen ( earlier post ) has formed a collaboration with three Japan-based companies to study—and ultimately to develop—a green hydrogen supply and logistics solution that will enable Japanese airlines to scale their utilization of hydrogen-powered aircraft in the very near-term.
(BME), a company using unique bacterial consortia to produce specialty biochemicals from the anaerobic fermentation of a range of biomass feedstocks, and Bionavitas, an algae producer, formed a partnership in which Blue Marble Energy will produce high-margin biochemicals from microalgae supplied by Bionavitas.
Up to 77% of the world’s energy supply could be met by six key renewables by mid-century under the most optimistic scenario if backed by the right enabling public policies, according to a new report by more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC). Source: SRREN. Click to enlarge.
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60
Soteria Battery Innovation Group Inc is an advanced technology development and licensing company that has formed a consortium to promote a light, safe and cost-effective architecture for lithium-ion batteries. The technology complements Soteria’s existing battery safety technology.
NFI, one of the US’ oldest and largest third-party supply chain solutions providers, is expanding its fleet of Class 8 battery-electric trucks (BETs) in Southern California as part of the Joint Electric Truck Scaling Initiative ( JETSI ) project. million), MSRC ($8 million), and South Coast AQMD ($5.4 million), with an additional $21.7
NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Our experience with the Volvo LIGHTS project was a major factor in NFI’s decision to purchase VNR Electric trucks for our drayage operations.
Syrah Resources is an Australian company that supplies Tesla from its mine in Mozambique, one of the largest graphite producers. . With few producers in the graphite industry, graphite consumers enter into long-term bilateral supply agreements with little transparency on prices. Graphite Supply. Graphite and Transparency.
GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.
The work plan financed by the EC is divided into two stages: modification of a light-weight two-seater airplane with an electric engine completely supplied by hydrogen; the test flights on this are aimed at identifying the technical advantages and improvements in performance obtained with the new generation electrical energy.
The main focus will be on expanding the SUV range—in particular in the A/A0 class—as well as on modernizing part of the light commercial vehicle portfolio. Investments outside production are mainly planned for the areas of development, quality assurance, sales, genuine parts supply and information technology.
announced a battery and power electronics development and supply agreement and an investment in eNow, Inc., Under the terms of the agreement, XL Fleet will supply battery and power electronics systems for the first 1,000 units of eNow’s new electrified refrigerated trailer solutions. XL Fleet Corp.
The new Hyundai BEV models will include three sedan models, six SUVs, one light commercial vehicle as well as one new type model. Presentation of Gang Hyun Seo, Executive Vice President and Head of Finance & Accounting Division at Hyundai Motor Company. The previously announced target was 560,000 units by 2025.
Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. Earlier post.). of global greenhouse gas (GHG) emissions.
The purified syngas is processed through a fixed-bed tubular reactor where it reacts with a proprietary catalyst to form three intermediate FT products: a Heavy Fraction FT Liquids (HFTL) product; a Medium Fraction FT Liquids (MFTL) product; and a Light Fraction FT Liquids (LFTL) product, commonly called Naphtha. Earlier post.).
The City of Lancaster will supply guaranteed feedstock of recyclables, and will save between $50 to $75 per ton in landfilling and landfill space costs. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.
Benefits of electric ground support vehicles The microgrid will supply the power to charge the many types of electric vehicles unique to airports. Since we cannot direct electrons to specific loads, the microgrid will supply whatever demand exists, limited to its available output. MW of fuel cells and 1.5
However, that figure represents less than 1% of the total light duty vehicle market in China. Price will be a major barrier to growth on the demand side, Pike notes, especially given China’s reliance on cash sales over financing. The electricity supply is not fully stable. A critical barrier to growth is on the supply side.
Subject to development, regulatory approval and financing, once production commences, Workhorse expects the W-15 to have a $52,500 MSRP. Electric power will be supplied using Panasonic 18650 Li-on batteries. The W-15 has been designed to reflect features and benefits that we believe fleets want today.
All electric and plug-in hybrid models from Porsche can be supplied with electricity at chargers manufactured by South Tyrolean electronic specialist Alpitronic. The digital building management optimises power consumption, for example by automatically dimming the lighting when there are no guests. Central billing is handled by Porsche.
The report, which focuses on road and rail transport, finds that while emissions from light-duty vehicles are expected to drop by 12% by 2030, freight truck emissions are projected to increase by 20%. But, the report identifies clear opportunities, especially in light of infrastructure-related stimulus investment, to get this right.
Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. Passenger light-duty vehicles (PLDVs) remain the single largest component of transport oil consumption, although shrinking from about 45% share today to 39% by 2035. Passenger light-duty vehicles. —WEO 2011.
After DOE catalyzed these early fuel cell applications, private financing has been used to deploy thousands of forklifts and back-up power devices, the department noted. The Department seeks applicants to demonstrate and test the performance and economic viability of advanced fuel cell systems for up to three years.
supply chains for sustainable aviation fuels utilizing oils from oilseed crops such as camelina, as well as algae and biomass. These developments position hydroprocessing technology as likely the most immediate opportunity to develop a Northwest sustainable aviation fuel supply chain. Lignocellulosic biomass processing.
In this Electric Vehicle Spotlight, we delve into the remarkable specs of the Rivian R1T and show you a strategic financing avenue that can save you money on your electric vehicle purchase. Supply chain disruptions stemming from the global pandemic delayed its entrance into the market until 2022.
Total costs of ownership were calculated for the full range of powertrains and van sizes in 2011, 2020 and 2030, taking account of depreciation and financing costs, fuel costs, servicing and insurance. ICE and pure hybrids will continue to dominate sales of new vans in 2020, with a combined market share of 80%.
In the Megacity Vehicle, which will be launched under a BMW sub-brand in the first half of the next decade, the high-strength yet ultra-light material will make up a significant proportion of the materials used. Environmental, social, and economic aspects will be aligned along the entire supply chain.
These leases will deliver on the pLAn’s commitment to ensure that 50% of the City’s annual light-duty vehicle purchases are EVs by 2017. In April, Mayor Garcetti issued the Sustainable City pLAn , a blueprint to make Los Angeles more sustainable and deliver environmental and economic benefits to the city. per mile for EVs vs. $0.37
and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Finance Ministry sought a change in the mineral extraction tax formula to generate an additional 609 billion rubles in 2015 and 1.6
This includes developing innovations and technologies in aerodynamics, light-weighting, electronics, powertrain performance and fuel efficiency that can be applied more broadly to Ford’s product portfolio. Autonomous driving Connected vehicles Market Background Vehicle Manufacturers'
Leverage increased private sector financing for deployment of “all of the above” energy technologies. DOE also will work with other agencies in addition to state and local governments to use existing authorities to remove barriers to increased financing for clean energy deployment.
After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022. This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money.
Dayton Power & Light Company. Florida Power and Light Company. Hawai`i Electric Light. Indianapolis Power & Light Company. Kansas City Power & Light. Charging infrastructure financing: Unlocking Up $4.5 Hawai`i Electric Light Company. Among the actions announced are: Unlocking up to $4.5 Duke Energy.
Convening Second Workshop on Advanced Non-Light Water Reactors: The NRC and DOE will hold the Second Advanced Non-Light Water Reactors Workshops in spring 2016. DOE will work through GAIN with prospective applicants for advanced nuclear technology to understand and navigate the regulatory process for licensing new reactor technology.
Commenters weighted in on how volumes should be set in light of lower gasoline consumption than had been forecast at the time that the Energy Independence and Security Act was enacted, and whether and on what basis the statutory volumes should be waived.
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