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

Green Car Congress

The IDEA is a multi-purpose, plug-in hybrid electric vehicle in the light truck classification aimed at commercial and government fleets. The company continues to work with the Department of Energy in support of its application.

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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. Billion vs. $28.3 Billion in 2008). chance of default.

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

Developing countries attracted 23% (US$26 billion) of asset financing in 2007, compared to 13% (US$1.8 Their statement suggests using some of the money available from fiscal stimulus packages to invest in activities that can provide jobs as well as create low emission options. billion) in 2004.

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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

In addition to providing the heat for system processes, the CHP generator will provide 7.5MW of green electricity. There has been activity with biomass electrical power generation in the past several months. The ethanol plant will be capable of producing 23 million gallons/year. of Agriculture. Insurance became unavailable.