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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

Green Car Congress

In addition to supplying technology to Novolyte, Foosung will invest approximately $30 million in the joint venture and contribute a future lithium salt plant. —John Televantos, a Partner at Arsenal Capital, an investor in Novolyte since 2008. Foosung Co., Novolyte is contributing its energy storage business to the joint venture.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

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GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

At the AABC 2008 conference, Robert King from GE Global Research outlined requirements and challenges for hybrid locomotive batteries, including: 1,300 kW continuous chare/discharge power. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Earlier post.).

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

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Research Suggests Renewables Could Generate 40% of Global Power by 2050

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Research areas including turbine technology, wind energy integration and offshore deployment will be crucial to maximizing future growth. This would help the Czech Republic fulfil its pledge to increase twofold its renewables-generated electricity (in gross domestic power consumption), which amounted to 4% in 2008. Professor Petersen.

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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

In 2009, China overtook the United States as the world’s largest automobile market with sales increasing 46 percent from 2008 to 13.6 ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. million vehicles in 2009, according to the China Association of Automobile Manufacturers.

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NYC Goes EV

Revenge of the Electric Car

In 2008, transportation accounted for 22 percent of all city carbon emissions. percent of all cars in New York City are electric, which the PlaNYC study suggests is possible, the city’s carbon emissions would be reduced by approximately 170,000 metric tons per year from 2008 levels. billion in stimulus grants to the industry.