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Enova Announces 16 Unit Hybrid School Bus Order; Initial Deployment of Federal Stimulus Dollars for School Buses

Green Car Congress

This deployment represents the initial large scale utilization of US Department of Energy grants for clean school buses. This interest should continue to grow as more tax credits and incentives become available to ease the transition to hybrid school buses. Enova COO John Mullins.

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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

Green Car Congress

California Governor Arnold Schwarzenegger announced the first comprehensive list of 244 proposed renewable energy projects that could produce up to 69,925 MW of clean energy annually. For those proposed projects looking for federal stimulus support, 22 could generate power at utility-sized levels of larger than 200 MW, totaling 9,231 MW.

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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. Earlier post.). Cap and Trade Disappointment.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?

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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. So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7

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Study finds solo hybrid drivers in California HOV lanes amplify congestion, create up to $4,500 per car in adverse social costs annually

Green Car Congress

l/100 km) to purchase a Clean Air Vehicle Sticker for $8, allowing them to drive on carpool lanes regardless of the number of occupants in the car. However, two-thirds of the sticker registrants had hybrid cars already on the road, the authors noted; in other words, the stimulus effect was lower than expected.

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

Green Car Congress

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.