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Germany and Namibia form partnership for green hydrogen

Green Car Congress

The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. This estimate underlines that we need large amounts of hydrogen and we need it quickly and at low cost. It has a lot of vast unused space.

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Sandia’s Battery Abuse Testing Laboratory Awarded $4.2M

Green Car Congress

million in American Recovery and Reinvestment Act funds to modify and enhance its existing Battery Abuse Testing Laboratory (BATLab), with the goal of developing low-cost batteries for electric and plug-in hybrid electric vehicles. With the recent stimulus funds, the BATLab will be able to greatly increase the number of tests it does.

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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. It is not how can we get low cost capital to take more risk.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. In July, itopened an assembly line in Japan to build its FCX Clarity. The vehicle costs U.S. We will have packages that will be verycompetitive at that time.”

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