Remove Alternative Fuels Remove Commercial Remove Grant Remove Stimulus
article thumbnail

DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The US Department of Energy has issued a $300-million Funding Opportunity Announcement ( DE-PS26-09NT01236-04 ) for applications for cost-shared projects that expand the use of alternative fueled vehicles and advanced technology vehicles. The other areas of interest include: Refueling Infrastructure for alternative fuels.

Stimulus 150
article thumbnail

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. Grant Davis is a Managing Director at New York Life Investments.

Financing 150
article thumbnail

Freightliner Custom Chassis and Morgan Olson Introduce Next Generation Vehicle for FCCC All-Electric Walk-In Van

Green Car Congress

FCCC is the first company within the industry to utilize Tesla batteries for commercial applications. The all-electric chassis also was initiated before stimulus money and federal grants were available for alternative-fuel transportation projects.

article thumbnail

Freightliner Custom Chassis Corporations All-Electric Walk-In Van Chassis Debuts at NTEA Work Truck Show; Enova Drive System, Tesla Battery Pack

Green Car Congress

The FCCC electric WIV also marks the first commercial vehicle application of a Tesla Motors Li-ion battery pack, which provide up to a 100-mile driving range on a single charge. FCCC initiated our all-electric project well before stimulus money and federal grants were available for alternative-power transportation projects.

article thumbnail

Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. In general, the credit amount varies based on technology, weight, fuel efficiency, and other factors.

Stimulus 150