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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

Green Car Congress

Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. million, which comprises a state incentive package of $21.3 Bill Cooke.

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

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Costs are also falling due to classic economics.

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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

Green Car Congress

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.

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GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

We noted in December that the Society of Automotive Engineers, or SAE, was working to update standards for the interface between plug-in electric cars and the grid, and planned to agree on a set within months. And for this ecosystem to be robust, there must be commonality, especially when owners are plugging into the electrical grid.

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

Green Car Congress

Second, a Congressional Budget Office study issued in April said even with subsidies ethanol is only profitable when a gallon of gasoline costs 70% or more than a bushel of corn, i.e, It is believed Valero purchased the plants at 30% of their original construction cost. (In gasoline would need to be greater than $2.80/gallon

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Coming Soon – The Electric City

Revenge of the Electric Car

And at the headquarters of Pacific Gas and Electric, utility executives are preparing “heat maps” of neighborhoods that they fear may overload the power grid in their exuberance for electric cars.&#. And local electrical grids may need reinforcement. They cost drivers on average only 2.5 February 15, 2010.