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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

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billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. It is designed for on-road service trucks to provide a quick charge to stranded battery electric vehicles similar to an “out-of-gas” situation. Porocel Industries, LLC. Aerovironment, Inc.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

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million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

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In a talk at the opening plenary of the Electric Drive Transportation Association (EDTA) conference in Washington, DC, former New York Governor George Pataki called for a 40% market penetration of electric drive vehicles in the US by the end of the decade. ” Tags: Batteries Electric (Battery) Policy.

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Li-ion Polymer Battery Maker Kokam America Is Partner of Choice for Smith Electric Vehicles US; Kokam JV With Dow Targeted at Scaling Up Production

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When Smith Electric Vehicles US Corp (SEV-US) announced on 27 March its selection of Kansas City, Missouri as the site for its US assembly plant for electric commercial vehicles ( earlier post ), SEV-US CEO Bryan Hansel named Kokam America (also based in Missouri) as the electric vehicle company’s battery “ partner of choice. ”

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

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Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles. Industrial sources will not enter the program until 2016. In 2016, energy-intensive and trade-exposed industries receive allowances to offset both their direct and indirect compliance costs. Expanding manufacturing.

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Collins Bus Corporation Enters Agreement With CleanFUEL USA to Develop LPI Type A School Bus

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Propane fuel, when compared to diesel and gasoline, provides a reduction in greenhouse gas emissions and has the potential to reduce fuel costs with the federal tax credit of $0.50 Collins Bus Corporation, a subsidiary of Collins Industries, Inc., Tags: Emissions Engines Fuels. the Collins Super Bantam). Earlier post.).

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Saft to Raise Approximately 120M to Fund Li-ion Plants in US

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Saft remains very focussed on its exciting medium term growth prospects, with high performance Li-ion batteries and is delighted that its projects have been chosen by the US Government to receive grants to build new factories in North America. million, including $100 million of investment-related, refundable tax credit.

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