I wrote last week on a cool pilot project in Philadelphia in which the kinetic energy created from subway trains braking will be captured and either reused in accelerating trains, stored for later, or sold back to the electricity grid.…
China Development Bank Loans Argentina $10 Billion for New Metro and Rail Construction
China Development Bank recently agreed to loan the Argentinian government $10 billion for new railway and metro construction. China has become a major source of funds for countries around the world, acting essentially as an alternative or competitor to the World…