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Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)
The Entity is to be co-chaired by representatives from the Environmental Protection Agency, the National Institute of Standards and Technology, and the National Science Foundation. identify other opportunities for expanding Federal efforts in support of sustainable chemistry.
In addition, the ministers, in their communication, urged European standardization bodies to develop, as a matter of priority by mid-2011, a harmonized solution for the interoperability between electric vehicles and the charging infrastructure and to address safety risks and electromagnetic compatibility.
a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The recommendation is part of the final report issued by the National Surface Transportation Infrastructure Financing Commission, “ Paying Our Way: A New Framework for Transportation Finance ”. The nation faces a crisis.
The report uses the global standard developed by the International Union for the Conservation of Nature (IUCN) for nature-based solutions. —“State of Finance for Nature”. The report calls for coupling investments in restoration action with financing conservation measures. A total investment of $8.1
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. New energy efficiency standards. Earlier post.).
Financing was announced for projects in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.
Oregon Governor Ted Kulongoski signed into law a series of bills constituting a climate change package that includes a low carbon fuel standard (LCFS), a B2 mandate, and other transportation-related measures. Authorizes the Environmental Quality Commission (EQC) to develop a low carbon fuel standard that would sunset in 2015.
T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.
GE and Better Place have formed a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure through collaboration in four key areas: standards-based technology development; battery financing; joint fleet electrification programs; and consumer awareness. GE’s WattStation.
As part of its strategy of developing solutions to reduce CO 2 emissions, Valeo has acquired the Variable Torque Enhancement System (VTES) ( earlier post ) business of UK automotive technology development company Controlled Power Technologies (CPT). VTES will be integrated into Valeo’s Powertrain Systems Business Group with immediate effect.
This infrastructure is part of the H2ME 2 project financed by the Fuel Cells and Hydrogen 2 Joint Undertaking as part of subsidy agreement no.700350. This public-private partnership enjoys the support of the European Union's Horizon 2020 and FP7 research and innovation program, Hydrogen Europe, and Hydrogen Europe Research.
The feedback from our customers over the last three years has been that they love the platform and its powerful, smooth and quiet ride, as well as the intuitive driving experience and readily available service and spare parts. —Tim Reeser, CEO of Lightning eMotors.
to finance the development and production of low-carbon fuels and energy transition metals. However, relative to other parts of the value chain, global investment in mining of energy transition metals is lagging. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0%
Inventory financing is being provided by Hitachi Capital America (HCA) as part of Workhorse’s previously announced strategic partnership with HCA. Inventory financing for that deal is also being provided by Hitachi Capital America. Initial delivery of the vehicles may begin by July 2021 and will run through 2026.
A big push is needed from governments, automakers, part suppliers and charging infrastructure providers in the years ahead. Concessional finance has been a key enabler for the development of renewable power generation in emerging economies and could play a similar role in the EV sector.
The additional equipment and additional systems in the plug-in hybrid led to parts of the final assembly line being rebuilt and modified. The adaption makes it possible to smoothly integrate the assembly of more than 300 additional parts that are included in the plug-in hybrid compared to an equivalent V60.
The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week.
In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. 2. Green Building & Remodeling. Task Force Funding.
has executed a letter of engagement with BNP Paribas to act as financial advisor to assist and support ClearFuels in securing senior secured debt financing for its commercial thermochemical Biomass-to-Liquids (BTL) biorefinery projects. These services would be directed, in part, to create financing plans for the commercial projects.
In a first step, this hydrogen is to substitute part of the carbon in the existing blast furnaces, later on it is to be used in new direct reduction plants. The water electrolysis system will be installed by thyssenkrupp Uhde Chlorine Engineers’ product division Green Hydrogen and consists of pre-fabricated standard modules.
The BMW investment was part of Lilac’s just-closed US$150-million Series B financing. A key aspect here is compliance with environmental and social standards in the supply chain. The BMW Group has made sustainability and resource efficiency central to the company’s strategic direction.
Another area where SEAT wants to put blockchain solutions to work is finance, beginning with testing new initiatives to improve standard procedures. SEAT is already working in collaboration with Telefónica on a blockchain-based proof of concept to improve the traceability of parts in the Martorell factory’s supply chain.
The so-called mandate that you will hear about refers to a suite of complementary policies comprised of clean vehicle standards as well as incentives, and infrastructure and manufacturing investments to support the transition to cleaner transportation. The clean vehicle standards are NOT an EV mandate. automakers need to change too.
The first Copenhagen Battery Switch Station in the Danish network—and soon a second one in Amsterdam—are part of a de-carbonization infrastructure project co-financed by the European Union’s TEN-T program, “Greening European Transportation Infrastructure for Electric Vehicles.”
For standard-range battery models, the 250 kilowatt-hours of fast charging energy is equal to more than five fill-ups. Electrify America’s network, part of the FordPass Charging Network, offers the largest number of high-powered public charging stations on the market today.
As part of the partnership, Hertz will rent BYD’s e6 electrical vehicle (EV) to Chinese consumers, municipalities and government agencies. million yuan ($43 million), based on Chinese accounting standards. The BYD e6 has been in use in Shenzhen taxi fleets for more than a year; the first fleet of 50 e6 taxis have now surpassed 2.5
The Series-A funding round was led by CBMM—the world’s leading supplier of niobium products—and BGF—the UK & Ireland’s most active and dynamic investor of equity capital in growth economy companies—with the University of Cambridge, Origin Capital and other existing shareholders also taking part. Safe operating voltage.
Power and automation technology group ABB has started installing multiple fast-charging systems for electric vehicles (EVs) at some BP service stations in the Netherlands as part of a nationwide trial. GreenCab financed one of the two chargers in Utrecht and has taken an active role as launching customer.
Standards: There are no international standards for globally traded products reducing the market size and incentive for improvement. The private sector can do more for its part by beginning to forge more innovative global alliances. Energy efficiency remains a big prize, but it cannot be delivered by one set of stakeholders.
The new Mirai is one part of an electrification strategy that also includes Toyota’s current and future hybrids and upcoming battery electric vehicles (BEVs). The body is lower, longer, and wider, with its bolder stance accentuated by standard 19-inch alloy wheels. Electric power steering delivers quick response, with a tight 38.6-ft.
These stations will share internationally agreed fuel and re-fueling standards. ITM Power is delighted to be part of this exciting pan-European project, delivering three new green hydrogen refueling stations which will be deployed in London. UK-based ITM Power has been awarded a contract worth approximately £2.8 million (US$4.7
LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Planning for new nuclear generation continues, but faces challenges in financing stemming from high capital costs, long lead times in licensing and construction, and rising cost projections.
Other coal to diesel projects have failed in large part, USF suggests, because they were of a scale where the financial and environmental risks were unacceptable. USFF’s model attracted the attention of GPF Real Estate & Financing Corporation (Global REFCo), a subsidiary of Global Private Funding, Inc. Andrew Halarewicz, Sr.
Khosla Ventures and Khosla are prepared to fund these commitments either as part of a broader debt and/or equity financing structure, in connection with a note that would convert at a premium to the current price of the common stock or on alternative terms if requested by KiOR, and mutually agreed by the parties. Earlier post.).
Use of soot-free “Clear” Exhaust Gas Recirculation (EGR) can allow for lower NOx emissions without the competing soot constraint, meeting next-generation emissions standards without added aftertreatment complexity. Low-sooting fuels allow for the elimination of diesel particulate filtration (DPF).
The new facility will be located at the Charleston Naval Complex, a former Navy base in North Charleston, South Carolina, and will be a part of the Clemson University Restoration Institute campus.
Macquarie’s Specialized and Asset Finance business, part of its Commodities and Global Markets division, will finance the trucks through a lease to the operator. Glovis America, a logistics service provider, will be the fleet operator of these trucks.
Based on a survey of 284 senior-level renewable energy executives, the report canvasses the risks in financing, constructing and operating renewable energy projects as well as the risk management challenges that the renewable energy industry must confront. Here, cuts in solar feed-in tariffs range from 15% in Germany to 70% in the UK.
In August, the US Environmental Protection Agency (EPA) finalized the 2013 percentage standards for four fuel categories that are part of the Renewable Fuel Standard (RFS) program. With the final 2013 overall volumes and standards requiring 16.55 With the final 2013 overall volumes and standards requiring 16.55
billion have already been financed by the shareholders. As part of the Project implementation, main tenders have been completed and key contracts have been signed. Overall capital expenditures of the Arctic Yamal project are now estimated at $26.9 billion, of which $2.6 The depth of the horizons varies from between 900 to 2,850 meters.
During the feasibility analysis in Phase One, work will focus on technology testing and roadway design, and exploring different financing models with an aim toward determining project viability from both a technology and business perspective.
As part of the collaboration, Clean Energy Fuels will initially purchase two MicroLNG plants from GE Oil & Gas. Further underscoring GE’s commitment to expanding natural gas transportation infrastructure, GE Energy Financial Services is providing up to $200 million in financing for the two GE MicroLNG plants. Earlier post.)
So our renewable energy facility could also play a part in the further development of the hydrogen economy, an area in which Air Products already has considerable experience. In the longer-term, our technology can also produce renewable hydrogen and is being considered for a demonstration of Waste2Tricity’s fuel cell technology.
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