Remove tag
Remove Clean Remove Congress Remove Electrical Remove Industry Remove Tax Credit
article thumbnail

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

Green Car Congress

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. 300,000.

article thumbnail

US and China Presidents Announce US-China Electric Vehicles Initiative, Six Other Measures to Strengthen Cooperation Between the Countries on Energy Issues

Green Car Congress

The US-China Electric Vehicles Initiative builds on the first-ever US-China Electric Vehicle Forum in September 2009. The two leaders emphasized their countries’ strong shared interest in accelerating the deployment of electric vehicles in order to reduce oil dependence, cut greenhouse gas emissions and promote economic growth.

China 281
article thumbnail

Electrification Coalition releases Fleet Electrification Roadmap; suggests fleet adoption could put a cumulative 200,000 PHEVs and EVs on the road by 2015

Green Car Congress

The analysis in the EC roadmap concludes that fleet adoption of grid-electric vehicles (PHEVs and EVs) could lead to a cumulative 200,000 units on the road by 2015. In 2009, the EC published its Electrification Roadmap, which proposes that by 2040, 75% of the light-duty vehicle miles traveled in the US should be electric miles.

Fleet 236
article thumbnail

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

Green Car Congress

Industrial sources will not enter the program until 2016. Prior to 2016, allowance value is dedicated to offset electricity and natural gas rate increases for industrial rate-payers and to improve energy efficiency in manufacturing to keep power bills down in the future. Clean Energy Research, Development and Deployment.

article thumbnail

US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Geographical distribution of Clean Cities Recovery Act awards. The US Department of Energy (DOE) has selected 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. Click to enlarge. Total DOE award: $15,000,000. Total DOE award: $14,999,927.

article thumbnail

Everybody Happy: Bush to Sign Do-little Energy Bill

Plugs and Cars

Resch, president of the Solar Energy Industries Association, which sought an extension of the investment tax credit that expires at the end of next year. Clean tech" will have a place to throw some money, even if the environmental benefit is nil, the impact on petroleum usage minor, the impact on food prices unknown.

Energy 100
article thumbnail

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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Is tax equity dead? by Bill Cooke. Earlier post.). Costs are also falling due to classic economics.

Financing 150