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Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

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Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts.

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

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Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza DemĂ´ro, project manager for BloombergNEF.

Coal 243
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CelluFuel raises $5M to begin demo plant for renewable diesel from biomass

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has completed a $5-million capital raise to begin construction of its demonstration-scale plant for the production of synthetic, renewable diesel fuel from woody biomass using licensed technology. It produces a renewable diesel that has the potential to meet ASTM standards (ASTM D975 & D396). PwC Corporate Finance Inc.

Renewable 247
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Global geothermal industry passes 12,000 MW operational

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New geothermal power came on line in Kenya, New Zealand, Nicaragua, Turkey, and Mexico, as well as Oregon, Nevada and Utah in the United States. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.

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USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

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USDA awarded the first loan guarantee in 2009 to Sapphire Energy in New Mexico. These loans would provide financing to produce renewable fuels from woody biomass, municipal solid waste and energy grasses such as switch grass, miscanthus and arundo donax. This would represent about 2% of the airline’s annual fuel consumption.

Waste 310
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USDA to award $11M loan guarantee to Oregon biorefinery

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with an $11-million loan guarantee through the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. million cubic feet of renewable natural gas, 350 gallons of liquid fertilizer, and 11.2

Oregon 150
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USDA to provide $105M loan guarantee to Fulcrum Sierra Biofuels; municipal solid waste to ethanol

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The US Department of Agriculture (USDA) announced a $105-million loan guarantee to Fulcrum Sierra BioFuels, LLC to finance development of a facility to convert municipal solid waste into advanced biofuels. With the loan guarantee finalized, the company will secure bank financing, which when combined with private equity capital provided.

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