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A123 expects assets sales to Wanxiang and Navitas to close by 1 Feb

Green Car Congress

A123 Systems expects that the agreements for the purchases of its assets by Wanxiang America Corporation and Navitas Systems LLC to close, pursuant to the terms set forth in the agreements, by 1 February 2013. Earlier post.). A123’s joint venture with Shanghai Automotive. million by Navitas Systems, a Woodridge, Ill.-based

Missouri 210
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New A123 Systems LLC emerges

Green Car Congress

Li-ion battery maker A123 Systems LLC, a newly formed, wholly owned subsidiary of Wanxiang America Corporation, has acquired substantially all of the non-government business assets of bankrupt A123 Systems, Inc. A123 Systems LLC is targeting three core business areas: transportation, electric grid and lead-acid replacement.

Lead Acid 310
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A123 Systems reaches agreement to sell substantially all assets to Wanxiang for $256.6M

Green Car Congress

reached agreement on the terms of an asset purchase agreement with Wanxiang America Corporation through which Wanxiang would acquire substantially all of A123’s assets for $256.6 based provider of energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers. A123 Systems, Inc.

Ni-Li 342
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US DOE announces 3 consortia for $125M US-India Joint Clean Energy Research and Development Center; solar, second-generation biofuels and buildings

Green Car Congress

Since its inception, PACE has mobilized more than $1 billion dollars towards clean energy projects, including smart grid development; energy efficiency in buildings, appliances, and industries; and a wide range of renewable energy technologies, including solar, wind, and advanced biofuels. MEMC Corporation; and Solarmer Energy Inc.

India 240
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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

Green Car Congress

The US Department of Energy (DOE) has selected 27 projects for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from oceans and free-flowing rivers and streams. DOE Funding: $160,000.

Mariner 210
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ARPA-E announces $36M for high-temperature materials projects

Green Car Congress

Missouri University of Science and Technology. Missouri S&T will combine a novel additive manufacturing technique, called ceramic on-demand extrusion, and ceramic fusion welding techniques to manufacture very high temperature heat exchangers for power cycles with intense heat sources. Pennsylvania State University.

Low Cost 207
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A Well Earned, Guilt Free #YearOfJoe

Creative Greenius

When I spoke out against the home-porting of the battleship Missouri with its nuclear tomahawk cruise missile arsenal, the folks at the Alliance for Survival called and asked me, “Do you just talk about stuff or do you DO anything too?” So I wrote some more screenplays and began developing TV sitcoms that nobody wanted to produce either.