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Li-ion maker Boston-Power adds $30M in funding; China expansion

Green Car Congress

GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China. Founded in 2004, GSR has more than 50 companies in its portfolio and more than US$1 billion under management. Boston-Power recently broke ground on its new manufacturing site in Liyang.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.

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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. Is tax equity dead? Cap and Trade Disappointment.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

Automobile manufacturers were given tax breaks to produce cars that ran on hydrous ethanol, and, by 1980, every automobile company in Brazil was following this lead. The first such vehicles were introduced by Volkswagen in 2003, and by 2004, they accounted for more than 17% of the Brazilian auto market. Earlier GCC post.]

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

The two key issues were: Reductions in Emissions—agreeing how much CO 2 and GHGs each developed country should be allowed to produce and how much major developing countries, such as China and India, should aim at reducing the growth in their emissions; and. China recently surpassed the US as the world’s biggest producer of GHGs.