Clean Technica

U.S. DOE Announces $584.5 Million Loan Guarantee to Subsidiaries of Convergent Energy and Power Inc. to Build Solar PV and Energy Storage in Puerto Rico

5 min read

Convergent will build and operate utility-scale solar-plus-storage in Puerto Rico, improving grid resilience and reducing costs for ratepayers. The U.S. Department of Energy Loan Programs Office (LPO) today announced the closing of a $584.5 million ($559.4 million in principal and $25.1 million in capitalized interest) loan guarantee to subsidiaries of … [continued]

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Clean Technica

Why the Car Industry Will Not Pay €15 Billion in Penalties in 2025

4 min read

The debate on one of the EU’s most important climate regulations is being distorted by bogus claims about high fines. Analysis has been circulating in the European Parliament estimating that car manufacturers would pay €15 billion in fines for not meeting the EU’s car CO2 targets in 2025. This echoes similar … [continued]

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Clean Technica

Aviation Industry Plans for Growth “Irreconcilable” with Europe’s Climate Goals

5 min read

Europe’s aviation industry plans to double its passenger traffic by 2050 and will deplete its carbon budget as early as 2026. Europe’s aviation industry plans to double its passenger traffic by 2050 and will deplete its carbon budget as early as 2026, a new study by green group T&E (Transport … [continued]

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Clean Technica

Recycling Battery Metals Could Supply 25% Of Europe’s Electric Cars By 2030 — Study

3 min read

But the EU and UK risk missing out as half of local recycling projects are at risk. Recycling could enable Europe to cut its reliance on EV battery mineral imports by up to a quarter by the end of the decade, a new study finds. Materials from end-of-life batteries and gigafactory scrap … [continued]

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