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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

billion for the US Department of Energy (DOE). billion) above the FY 2015 enacted level. billion (35.8%) science and energy Budget Request, $1.3 billion for applied energy activities, including: $2.72 billion for applied energy activities, including: $2.72 President Barack Obama’s 2016 Budget requests $29.9

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Tesla makes ~$2.8B all-stock offer to acquire SolarCity

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We seek to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. And in March 2015, we launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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DOE will also advance research and development for sustainable hydropower technologies, as well as technologies that harness energy from wave and tidal resources. DOE will continue to pursue carbon capture and storage technologies as well as nuclear power. watt utility, $2.37/watt watt commercial, and $3.10/watt

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