article thumbnail

GM makes its largest green energy purchase to date; 50 MW wind deal

Green Car Congress

General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

Wind 150
article thumbnail

Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake

Green Car Congress

Global power company AES Corporation entered a binding stock purchase agreement with a wholly owned investment subsidiary of China Investment Corporation ( CIC ) to raise $1.58 AES, with headquarters in Arlington, Virginia, owns and operates a diverse portfolio of power generation and distribution businesses in 29 countries.

Global 170
article thumbnail

DOE awarding >$24M to 77 projects through Technology Commercialization Fund

Green Car Congress

Quanex Building Products Corporation, Houston, Texas SCP SYS LLC, San Francisco, Calif. Johnson Matthey, Billingham, UK Enabling Autonomous Wind Plants through Consensus Control, $250,000 RES Group, Broomfield, Colo. Arlington, Texas Environmental Insights Explorer for Buildings, $750,000 Google, Mountian View, Calif.

article thumbnail

US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

Renewable Wind Energy: MBTA will design and construct wind energy generation turbines in eastern Massachusetts (from among Kingston, Newburyport, Bridgewater). Greater Lafayette Public Transportation Corporation, Indiana: $2,180,000. Delaware Transit Corporation, Delaware: $1,500,000.

Emissions 256
article thumbnail

DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

Green Car Congress

for High Power Wind Generators The University of Houston will develop a new, low-cost. superconducting wire that can be used in future advanced wind turbine generators. used to make a wind turbine generator lighter, more powerful, and more efficient. has traditionally been too expensive to use in wind generators.

Energy 294