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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

A123 Systems has been the recipient of a number of state and federal grants and tax incentives. In December 2009, A123 entered into an agreement establishing the terms and conditions of a $249.1-million The agreement also provides for reimbursement of pre-award costs incurred from 1 June 2009 to 30 November 2009.

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Biden attends the Detroit auto show to further promote EVs

Setec Powerr

Congress and self-proclaimed “car enthusiast” Biden previously promised tens of billions of dollars in loans, manufacturing and consumer tax credits, and grants aimed at accelerating the U.S. At this year’s auto show, Detroit’s three largest car companies will showcase a variety of electric vehicles.

Detroit 97
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Berkeley Lab report finds installed cost of solar PV systems in the US dropped sharply in 2010

Green Car Congress

According to the report, the decline in PV installed costs seen by customer-owners of such systems in 2010 follows a significant drop in the wholesale cost for PV modules in 2009. W from 2008 to 2009, even though wholesale module prices dropped substantially over this period. W between 2009 and the first six months of 2010.

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DOE Inspector General review finds automotive Li-ion battery maker LG Chem Michigan misused Recovery Act funds; DOE management, low market demand contributory

Green Car Congress

A review by the US Department of Energy (DOE) Office of the Inspector General (OIG) has found that Li-ion battery maker LG Chem Michigan misused funds awarded to it under the American Recovery and Reinvestment Act of 2009 (Recovery Act). The period of performance for the grant runs through May 2013.

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Louisiana's Latest Political Drama Involves Alt-Fuel Vehicles

Green Car Reports

There's a storm a-brewin' in Louisiana over alternative vehicle tax credits. In 2009, the state legislature passed Act 469 (PDF) which grants tax credits of up to $3,000 to anyone who purchases a low-emissions vehicle that runs on alternative fuel, "including but not limited to compressed.

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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

Green Car Congress

per gallon US) subsidy and fuel excise and value-added tax exemptions, and ( b ) a prospective future scenario with no form of government support measures. In 2009, the number of private cars owned in China exceeded the United States, resulting in it being the world’s largest auto market. gallon US) with tax exemption and a $0.16/liter

Gasoline 351
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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

Green Car Congress

By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production. Securing government grants and tax credits will allow ReVolt to significantly accelerate its operations in Portland and US expansion, the company says.

Zinc Air 210