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sustainable transport

9 November 2012

UK launches £20m green bus competitionp

The UK has made £20m available to help local authorities in the country to buy low carbon emission buses.

9 November 2012

Panda Power Funds breaks ground on 758MW Texas power plant

Dallas-based private equity firm Panda Power Funds has broken ground on a 758MW natural gas-fuelled, combined-cycle power plant in Sherman, Texas, which it hopes will bridge intermittent power gaps as the state transitions to renewables.

8 November 2012

Rolls Royce software to help Virgin Atlantic cut fuel usage

Airplane1_170SQ Rolls Royce subsidiary OSyS has been contracted by Virgin Atlantic to provide software that will help the airline save around £20m and cut carbon dioxide emissions by 100,000 tonnes annually.

6 November 2012

Electric tractor business gives insight to share salep

Digger_170SQ A zero-emission tractor developer has outlined plans to raise more than $519,000 in a public offering of shares

6 November 2012

NRG to invest $100m into California EV charging network

US energy supplier NRG Energy is set to invest around $100m to develop a electric vehicle fast-charging network in California.

5 November 2012

UK funds available for low carbon transport innovationp

New funding has been made available in the UK to support research and development for low carbon vehicle technology.

2 November 2012

Update: Better Place maintains strategic focus as it raises $100mp

Israeli electric vehicle infrastructure pioneer Better Place has confirmed details of its $100m capital raise to NewNet and said it remains committed to its growth strategy despite the recent change in management.

2 November 2012

US green transport company reveals $1m equity raise needsp

A US cleantech company that aims to make transport fuel more efficient by providing environmental intelligence solutions has revealed its intention to raise $1m.

2 November 2012

Better Place welcomes CFO as investors double down in $100m fundraise

Israeli electric vehicle infrastructure pioneer Better Place has reportedly secured a further $100m from investors as new global CFO Alan Gelman joins the business in its continued leadership revamp.

29 October 2012

Duke Energy installs EV charging as part of pilot project

US utility Progress Energy Carolinas, subsidiary of Duke, has installed six electric vehicle charging stations in South Carolina.

24 October 2012

Boeing, Aircraft of China announce first research sustainability project

A research centre managed by Boeing and Commercial Aircraft of China has announced Hangzhou Energy Engineering & Technology will conduct its first project.

24 October 2012

Cleantech investor Valor Equity Partners targets $350m for third fund: reportsp

Valor Equity Partners, backer of cleantech giants Tesla and SolarCity, is reportedly targeting $350m for its third fund.

22 October 2012

Nissan tells NewNet why it is investing in electric vehicle advertising campaignp

Despite seeing disappointing sales for its electric vehicle (EV) model the Leaf for the first half of 2012, Nissan has told NewNet it is confident its new strategy will lead to a ramp up sales in the coming months.

22 October 2012

ABB launches charging station for EV surge

Sustainability-focused ABB has launched a new 22kW electric vehicle (EV) charging station to accompany the influx of EVs it hopes will soon flood Europe’s transportation sector.

22 October 2012

Nissan to lower price of EV model to boost green sales

Japanese car maker Nissan plans to put its electric car model Leaf on sale at a lower price to boost sales in the sector.

22 October 2012

Cleantech innovator ReVolt Technology to file for bankruptcy

ReVolt Technology, an international business developing a technology to extend the range of electric vehicles, is reportedly heading for bankruptcy.

19 October 2012

Amp Electric Vehicles quits passenger market due to slow uptake

car_dial_auto_170sq Amp Electric Vehicles is to quit the passenger market for which it was producing electric-powered Mercedes sport utility vehicles due to a lack of growth and will instead focus on the fleet sector.

17 October 2012

Green Automotive acquires Newport Coachworks for $13m

US sustainable transport business the Green Automotive Company has purchased bus producer Newport Coachworks for $13m.

16 October 2012

Zipcar’s car-sharing model gathers pace in UKp

Commercially-operated car sharing schemes are providing financial, as well as environmental benefits, cutting the number of vehicles on the road and promoting the lowest-emission technology.

16 October 2012

US President to inject $5bn of taxpayer money into EVs

US President Barack Obama has placed $5bn of taxpayer’s money into the electric vehicle (EV) sector, aimed at reaching the goal of having one million EVs on US roads by 2015.

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