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Turkey begins work on $15B Canal Istanbul

Green Car Congress

Turkey has begun work on Canal Istanbul , a $15-billion canal project intended to relieve pressure on the Bosphorus Strait, with the ground-breaking for the first bridge. Both waterways are located in Turkey and supply Western and Southern Europe with oil from Russia and the Caspian Sea region.

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Dow and AKSA forming JV for carbon fiber and derivatives; up to $1B investment in project within 5 years

Green Car Congress

The Dow Chemical Company, through its wholly-owned subsidiary Dow Europe GmbH, and Turkey-based AKSA Akrilik Kimya Sanayii A.?. Following initial equity investments from the two companies, the JV will finance its growth through cash flow from operations and financial institutions.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

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.

Waste 448
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Ford launches the E-Transit in Europe, electrifying business productivity globally

Teslarati

The Detroit-based Ford, who recently separated its electric and combustion engine businesses into separate divisions , said the E-Transit vans built at its Otosan Factory in Kocaeli, Turkey, are making their way to European customers. Ford started delivering the E-Transit in the United States in February.

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Renault-Nissan Alliance, CEA and FSI to Form Joint Venture to Develop and Manufacture Batteries for Electric Vehicles

Green Car Congress

In order to complete the financing of the project, the European Investment Bank (EIB) is considering a loan of up to 50% of the €280 million (US$416 million) debt financing. The Renault-Nissan Alliance will use its European battery plants in France, the UK and Portugal to supply electric vehicles built around Europe and Turkey.

Nissan 199
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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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It will upgrade its energy distribution networks in its European markets and also in Turkey and make them smarter so that customers can take advantage of new products and services in areas such as energy efficiency and distributed generation. It will also strengthen its solar business. —E.ON SE CEO Johannes Teyssen.

Power 244
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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

In 2012, 70% of Estonia’s total primary energy supply (TPES) came from oil shale. There are also significant reserves in Jordan, Morocco, Sweden, Syria and Turkey. However, the direct combustion of oil shale, or its transformation into shale oil and then other fuels, emits more CO 2 than any other primary fuel.

Estonia 236