Remove 2010 Remove Companies Remove Stimulus Remove Wind
article thumbnail

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

Key applications for long-duration energy storage include counterbalancing the intermittency of renewable energy sources such as wind and solar power; leveling the loads and time-shifting periods of peak demand on the grid; and avoiding or delaying the construction of costly transmission and distribution (T&D) assets, among others.

article thumbnail

California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.

article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Perspective by The Townsend Company. On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. The same can be said for the electricity companies that generate power in the USA. Source: EIA.

Renewable 220
article thumbnail

First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

Green Car Congress

Mercedes-Benz delivered the first vehicles for field testing to testing partners in Berlin at the beginning of September 2010, and in Stuttgart in January 2011. The two promotional initiatives are part of the German federal government’s second economic stimulus package.

Mercedes 231
article thumbnail

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

Green Car Congress

ACORE is an organization of member companies and institutions that are dedicated to moving renewable energy into the mainstream of America’s economy. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Billion vs. $28.3 Billion in 2008).

Financing 150
article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

GM may be in bankruptcy but remains unwavering in its commitment to have the Volt in some showrooms by November 2010. Veteran automakers, oil companies, and federal and state governments have been both the prime movers and obstacles to plug-in cars in the past and they remain so today. But their dreams haven’t yet been sunk.

Plug-in 100
article thumbnail

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Suppliers struggled to make money when industry volumes were almost double what they are today, and the consolidation that has occurred has been happening mostly among smaller companies at the lower tiers. This would help automakers identify and support the most viable companies. The Role of Banks. The Role of the OEMs.

Grant 150