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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

Green Car Congress

million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. director of engine research at Southwest Research Institute and 2002 SAE president. Achates Power, Inc., Diesel Engines'

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Ford and Sollers form new JV in Russia; letter of intent for $1.4B in long term financing

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Ford and Sollers also signed a Letter of Intent with Vnesheconombank (VEB), the Russian development bank, for long-term financing for Ford Sollers of 39 billion Russian roubles, or approximately $1.4 In 2002, Ford became the first foreign automaker to manufacture cars in Russia.

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Brasov orders 25 Solaris Trollino 18 articulated trolleybuses

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The main purpose of the project co-financed by the EU is to reduce pollutant emissions in the centre of the city. Since 2002, the manufacturer has supplied nearly 300 vehicles to Romanian carriers, including more than 100 Trollino vehicles and 41 Urbino 12 electric battery buses.

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ARRA funding raises R&D expenditures within federally funded R&D centers 11% to $16.8B in FY 2010

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increase is the largest one-year increase since 2002, when expenditures increased 14.5% Between FY 2002 and 2009, FFRDC expenditures increased an average of 5% each year, with the exception of a brief stall in FY 2006.

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Russian entrepreneur Boris Zingarevich buys EV maker Think

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Zingarevich, who has been the principal investor since 2002 in lithium-ion battery manufacturer Ener1, Inc., Ener1 and Valmet were the senior secured creditors of Think when the company filed for bankruptcy after failing to raise adequate capital to continue financing operations. Russian entrepreneur Boris G. Earlier post.).

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Pew survey finds US public ranks economy as highest priority policy issue, global warming as lowest

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Meanwhile Republicans are placing far less emphasis on terrorism, which was their top priority in every year between 2002 and 2008. Of the 22 items tested, environmental protection is one of the lowest GOP priorities, along with such issues as improving transportation infrastructure and campaign finance reform.

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USEC and DOE sign $350M cooperative agreement for American Centrifuge research, development and demonstration program; next-gen uranium enrichment

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Finally, DOE and USEC have signed an amendment to the 2002 agreement to add milestones related to the successful completion of the RD&D program and to extend the existing milestones under the 2002 agreement related to the financing and construction of the American Centrifuge Plant.