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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. The project represents just the first stage of the company's expansion plans in the Indianapolis area. Earlier post.)
Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.
company prepares to introduce battery-powered models as early as next year. company prepares to introduce battery-powered models as early as next year. The company is already trying out battery-powered vehicles in London, Meier said. “Ford Motor Co. 4 as the U.S. By Chris Reiter. 28 (Bloomberg) — Ford Motor Co.
How can CleanTech companies access the close to $80 billion in the Federal. StimulusPackage allocated for renewables? How can CleanTech companies benefit from the strengthened mix of local to federal incentives? How can CleanTech companies benefit from the strengthened mix of local to federal incentives?
The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.
The treasure chest was cleverly disguised in the form of Federal stimulus money from the ARRA, the American Recovery and Reinvestment Act. We can’t wait to go solar so we’re we can stop paying the electric company for dirty energy. Imagine that. Here at my home we’ve cut our electrical bill more than in half.
Their company, Farmers’ Ethanol , plans to combine energy and food production within the same facility and by doing so create a business that can survive the wild fluctuations in commodity prices that plague today’s corn ethanol business. (In Financing challenges. Farmers’ Ethanol biorefinery process. Click to enlarge. Earlier post.).
Still, the company will respond to a push by theObama administration for carmakers to sell plug-ins, he said. “We 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). Long-Term Optimism.
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