Remove 2007 Remove Energy Remove Industry Remove Stimulus
article thumbnail

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

Green Car Congress

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. The company continues to work with the Department of Energy in support of its application.

article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Fifty years later, the USA is faced with a similar challenge, energy independency and climatic change. On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. Source: EIA.

Renewable 220
article thumbnail

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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Energy Markets in a State of Change. Dr. Paul still sees significant growth in the developing world.

Financing 150
article thumbnail

Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

million compared to $280,000 in 2007. Operating expenses were $36 million in 2008 compared to $21 million in 2007 as Ener1 increased research and development expenditures for customer and government projects, with R&D accounting for $23 million. million in 2007. Overall, Ener1 reported 2008 revenues of $6.8

Li-ion 150
article thumbnail

GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

The auto industry is now gearing up to hash out those standards at the SAE conference in Detroit next week — and GM has a major stake in getting them out swiftly. Artificial Moore’s Law for Cleantech: Renewable Standards, by Steps : [.] Artificial Moore’s Law for Cleantech: Renewable Standards, by Steps : [.]

Plug-in 39
article thumbnail

Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Wendel Dreve and Marion Gilliland have dedicated the past five years to pursing their dream of transforming the corn ethanol industry. First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. All of these issues are contributing to excess capacity in the industry.

article thumbnail

NYC Goes EV

Revenge of the Electric Car

billion in stimulus grants to the industry. In 2007, the administration announced a plan to replace the city’s 13,000 taxis with conventional hybrid cars by 2012. “It’s a conundrum because ultimately there aren’t too many clean energy sources. roads by 2015 and has provided $2.4 Or No Cars?