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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

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Bright Automotive has applied for $35 million in government grants to accelerate the production of its plug-in hybrid the IDEA ( earlier post ), and to deliver battery solutions to the industry through its engineering services arm.

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

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Bill Roberts, professor of mechanical and aerospace engineering at NC State and primary investigator of the grant. The $2 million grant is part of the federal stimulus package and comes from NSF’s Emerging Frontiers in Research and Innovation program. Dunaliella. Source: Texas A&M. Click to enlarge.

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

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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. Five months ago. Billion in Q1 2009 vs. $28.3

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