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MIT study concludes V2G-enabled electric commercial trucks could offer lower total operating cost than conventional diesel fleet

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A new study by researchers at MIT’s Center for Transportation and Logistics (CTL), concludes that electric commercial vehicles can cost 9 to 12% less to operate than trucks powered by diesel engines when used to make deliveries on an everyday basis in big cities and when V2G (vehicle-to-grid) revenue is incorporated.

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

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based provider of energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers. In a short statement, the company said that it continues to work with Wanxiang and Navitas to prepare for the closing of the transactions. A123’s joint venture with Shanghai Automotive.

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New A123 Systems LLC emerges

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Included in the acquisition, which has received approval from the Committee on Foreign Investment in the United States (CFIUS), are A123’s automotive, grid and commercial business assets, including technology, products, customer contracts and U.S. Electric Grid. A123’s joint venture with Shanghai Automotive. Transportation.

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

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based provider of energy-enabled system solutions and energy storage products for commercial, industrial and government agency customers. A123 is Wanxiang’s fifth clean energy investment in the US in 2012. A123’s joint venture with Shanghai Automotive. million by Navitas Systems, a Woodridge, Ill.-based

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

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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. Free Flow Energy, Inc.

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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

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The US Department of Energy announced the selections for three consortia that will make up the $125-million US-India Joint Clean Energy Research and Development Center (JCERDC). As part of a planned five-year initiative, the Energy Department will make $5 million available in fiscal year 2012.

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DOD awards EaglePicher $22M under DPA Title III to expand Li-ion production capabilities; 250 Wh/kg

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It was under Title III that the US Departments of Navy, Energy, and Agriculture recently awarded contracts worth a combined $210 million to three companies to construct and commission biorefineries capable of producing drop-in biofuels. Earlier post.). 1C rate) for military applications. Batteries'

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