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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

Green Car Congress

Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014. Founded in 2001, A123 Systems develops and manufactures advanced lithium ion batteries and battery systems for the transportation, electric grid and consumer markets.

Grid 199
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The Most Powerful Greenius In America

Creative Greenius

My new solar system only needs to be 2 kilowatts now instead of 4 – which is good because solar’s still too damn expensive and the process for putting AB 811 financing in place is taking too damn long, (and that’s another Greenius post that I’m still working on). Just like almost everyone else we know today&#.

America 170