article thumbnail

A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

A123 Systems has been the recipient of a number of state and federal grants and tax incentives. million grant awarded under the US Department of Energy (DOE) Battery Initiative to support manufacturing expansion of new lithium-ion battery manufacturing facilities in Michigan. million Center of Energy and Excellence grant.

Grant 299
article thumbnail

Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

Green Car Congress

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

article thumbnail

Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

General Motors was one of the original pioneers of electric cars, introducing the EV1 in 1996 and the game-changing Volt in 2010. Available Chevrolet Bolt EUV Trims At a Glance Chevrolet Bolt EUV Version Price Range Top Speed 0-60 mph EV Tax Credit State/Local Incentives Bolt EUV LT $27,795 247 miles 90 mph 6.8 Clean Cars 4 All.

article thumbnail

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

Using the capital assets pricing model (CAPM), we calculate beta coefficients, a metric of nondiversifiable market risk, from 2010 (post-financial crisis) to the present for nine companies that are producing or have a significant stake in cellulosic or algal biofuels. Seven of the nine companies have beta values greater than 1.0,

Tax 262
article thumbnail

Berkeley Lab report finds installed cost of solar PV systems in the US dropped sharply in 2010

Green Car Congress

According to the report, the decline in PV installed costs seen by customer-owners of such systems in 2010 follows a significant drop in the wholesale cost for PV modules in 2009. However, that drop in module prices appears to have made its way to customers in 2010. W between 2009 and the first six months of 2010. Darghouth, R.

2010 207
article thumbnail

Imperium3 consortium forms to establish Li-ion battery gigafactory in NY state; 3 GWh by Q4 2019 to grow to 15 GWh

Green Car Congress

million, including a $4 million Upstate Revitalization Initiative grant and $3.5 million in Excelsior Jobs Program tax credits. million in New York Investment Tax Credits. To encourage this collaborative effort, Empire State Development has offered performance-based incentives totaling $7.5

Li-ion 150
article thumbnail

Daimler Trucks to Invest $194M in Detroit Diesel Engine Plant in US

Green Car Congress

The measures for increasing production capacity at the 28-hectare Redford production plant are scheduled to commence in July 2010 and continue until September 2011. DTNA is the leading supplier of EPA 2010-compliant Class 8 heavy-duty trucks. The investment will be supported by a variety of state and local incentives.

Detroit 170