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Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

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A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

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billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. It is designed for on-road service trucks to provide a quick charge to stranded battery electric vehicles similar to an “out-of-gas” situation. Porocel Industries, LLC. Aerovironment, Inc.

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Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

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ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 Tags: ARPA-E Batteries. ReVolt says that the $6.8

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

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million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

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In a talk at the opening plenary of the Electric Drive Transportation Association (EDTA) conference in Washington, DC, former New York Governor George Pataki called for a 40% market penetration of electric drive vehicles in the US by the end of the decade. ” Tags: Batteries Electric (Battery) Policy.

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Electric Motors Corporation (EMC) Receives First Indiana Incentives to Launch Electric Automotive Technology

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million in tax credits and up to $200,000 in training grants to Electric Motors Corporation (EMC), based on the company’s plans to establish an electric vehicle industrial development park the state. Earlier in May, Electric Motors Corporation was acquired by Optimax Industries, Inc.,

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Electrification Coalition releases Fleet Electrification Roadmap; suggests fleet adoption could put a cumulative 200,000 PHEVs and EVs on the road by 2015

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The analysis in the EC roadmap concludes that fleet adoption of grid-electric vehicles (PHEVs and EVs) could lead to a cumulative 200,000 units on the road by 2015. In 2009, the EC published its Electrification Roadmap, which proposes that by 2040, 75% of the light-duty vehicle miles traveled in the US should be electric miles.

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