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Next-generation Lead Acid Battery Company Firefly Energy Shuts Down, Files for Chapter 7

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“Management tried repeatedly to protect against (closing) - even going without salaries for six months so that we could keep the company afloat and continue to pay employees,” said Ovan from his office in Chicago. Several military contracts totaling more than $5 million weren’t enough to keep the company afloat.

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Odyne Systems delivers 7 plug-in hybrid work trucks through the Wisconsin Clean Transportation Program

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flatbed on an IH 4300 chassis and will be used to maintain the electrical grid within the City of Chicago. The hybrid digger derrick was funded in part by a $4-million award ComEd received in federal economic stimulus funding to expand its alternative-fuel fleet. The Terex Commander 4042 digger derrick features a DUECO, Inc.

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CleanFUEL USA Secures $12.9 Million from US DOE for 100+ Propane Refueling Stations

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million in two stimulus grants to CleanFUEL USA to establish more than 100 liquid propane (autogas) refueling stations in major US cities in coordination with CleanFUEL USA partners, including ConocoPhillips. The first station will be installed in Atlanta followed by Chicago, Houston, Denver and Sacramento.

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State of Texas to Submit Bid for Battery Consortium

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The State of Texas will submit a bid to become the headquarters for an advanced battery consortium that is seeking $1 billion in Federal stimulus money to develop technology for the next generation of hybrid electric vehicles. Statesman.com. Everyone and his mother will be putting in an application as far as we can tell.”.

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Navistar Officially Unveils eStar, Its First Purpose-Built All-Electric Commercial Truck

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million federal stimulus grant to build electric trucks. FedEx showcased a prototype of the eStar electric truck during last month’s “Charge Up Route 66” tour that began in Chicago and ended in Los Angeles as part of the Fortune Brainstorm Green Conference. e-Star Quick Specs. 80 kWh Li-ion pack. 70 kW, 300 N·m (221 lb-ft) motor.

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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

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Under the federal stimulus plan, the Obama administration has set aside $2 billion for electric drive vehicle battery and component manufacturing projects. Chicago-based Argonne was instrumental in the formation of NAATBatt, which began with 14 founding members and has grown to more than 50 members today. Earlier post.).

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.