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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium ( QUTAC ). In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers.

BMW 221
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels. The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth.

Global 170
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Sandia Labs Battery Abuse Testing Laboratory undergoing $4.2M renovation to enable testing of larger batteries for EVs and PHEVs

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million overhaul, paid for with federal stimulus funds, includes updating test bays, data acquisition systems and laboratory space, and hiring additional staff members to meet the growing demand for Sandia’s battery safety expertise. Those studies included 12 years of testing for the FreedomCAR program and the US Advanced Battery Consortium.

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

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The areas of application are diverse: courier, express and package service providers (KEP, in German: Kurier-, Express- und Paketdienstleister); plant transportation in large corporations; service vehicles for plant maintenance, customer service, and assembly and internal transport within companies.

Mercedes 231
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke. Billion vs. $28.3

Financing 150
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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

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The $2 million grant is part of the federal stimulus package and comes from NSF’s Emerging Frontiers in Research and Innovation program. Diversified Energy Corporation holds an exclusive license to the Centia technology, developed at NC State. Wendy Boss, William Neal Reynolds Professor of plant biology. and Innova Tech.

Renewable 218
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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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In addition to providing the heat for system processes, the CHP generator will provide 7.5MW of green electricity. MW of green power to the grid and enough thermal energy to all of their thermal requirements to distill the ethanol. The ethanol plant will be capable of producing 23 million gallons/year. billion gallons/year of capacity.