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

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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.

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PECO Expanding Fleet with NGVs & PHEVs

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PECO is expanding its fleet with new natural gas and hybrid electric models. The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well.

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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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Daimler AG and leading energy companies signed a Memorandum of Understanding (MoU) in Berlin, with the participation of the German Minister of Transport, Wolfgang Tiefensee, to evaluate and expand the setup of a hydrogen infrastructure in Germany to support the series production of fuel cell electric vehicles. Earlier post.).

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

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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. Anderson has worked in power industry finance since 1992.

Financing 150
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Freightliner Custom Chassis and Morgan Olson Introduce Next Generation Vehicle for FCCC All-Electric Walk-In Van

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The new electric WIV from FCCC and Morgan Olson. Freightliner Custom Chassis Corporation (FCCC) and Morgan Olson LLC launched the next generation vehicle with new exterior and interior body styling for the all-electric walk-in van (WIV). FCCC first introduced its plug-in, all-electric WIV chassis earlier this year. Earlier post.)

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

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The all-electric WIV chassis. Freightliner Custom Chassis Corporation (FCCC) presented the preproduction plug-in all-electric walk-in van (WIV) chassis at the 2010 National Truck Equipment Association (NTEA) Work Truck Show. All-electric walk-in van. Click to enlarge. Earlier post.) Click to enlarge.

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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The study—“A portfolio of powertrains for Europe: a fact-based analysis”—compares the economics, sustainability and performance of fuel cell, battery-electric, hybrid-electric and plug-in hybrid electric vehicles in achieving the decarbonization goal. Total Raffinage Marketing.

Plug-in 244