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Bank of America joins Stanford’s Global Climate & Energy Project

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Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone.

Climate 218
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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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). Or is it alive but too expensive and if so, what is the more affordable replacement? by Bill Cooke. Billion vs. $28.3

Financing 150
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. This is an important step forward for Liquid Metal Battery Corporation.

MIT 210
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CalSEED awards $4.2M to early-stage clean energy innovations

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Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost.

Clean 371
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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

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provide home wiring service at low/no-cost or financed thru low monthly utility bill); Provide free charging or compelling low-cost EV rates (3-4 cents/kWh); Provide “green” electricity options; Commit/fund commercial fleet purchases (25 high-profile vehicles). Large local employers (as early adopters).

Plug-in 150
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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

Obama 150
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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., Other key actions for lenders to take include: Provide Affordable Financing: The interest rate on loans to finance consolidation efforts should be set at lower lending rates. Laura Marcero.

Grant 150