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The Indiana plant will be financed through a $118.5 million grant awarded under the federal stimuluspackage under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. million, which comprises a state incentive package of $21.3 million and Hancock County package valued at $48.6
The Dearborn-based company has a target of rolling out an electric-powered version of the Transit Connect commercial van next year, followed by an electric Focus in 2011. To contact the reporter on this story: Chris Reiter in Berlin at creiter2@bloomberg.net.
UCI’s solar energy research center will be presenting their advice on partnering with the private sector to leverage research in the pipeline & to commercialize it. StimulusPackage allocated for renewables? If you act before Tuesday you can still register at the Early Bird rate. Are cities leading the way?
Financing challenges. All of this makes for a very difficult time to get financing for a new facility. In the world of project finance, quality means management teams with strong track records, proven technologies, deep pockets and secure, long term agreements on the project’s inputs and outputs. Earlier post.). million dollars.
We are thinking about plug-in hybrids, but we aren’tthinking about commercializing one right away,” Fukui said. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimuluspackage approved in February for buyers of plug-incars. We will have packages that will be verycompetitive at that time.”
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). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Earlier post.).
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