article thumbnail

BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

billion convertible issue from waste-to-energy specialist China Everbright International and a $311-million IPO by US fuel cell developer Bloom Energy. billion, the Enel Green Power South Africa portfolio, at $1.4 South Africa at $2.6 Turkey at $1.2 billion, up 9% on a year earlier. billion for 300MW.

Clean 259
article thumbnail

G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. The European Union, which is represented by the rotating Council presidency and the European Central Bank, is the 20 th member of the G-20.

article thumbnail

Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

TCX is the company’s new proprietary technology for ethanol production that builds on its acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—natural gas, coal and pet coke now, with biomass and waste planned for the future. Earlier post.). Source: Celanese. Click to enlarge.

Future 210
article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion) and South Africa ($5.5 billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% billion, up just 3% on the year.

2014 150