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Calumet’s Montana Renewables became the largest SAF producer in North America in Q2

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—Bruce Fleming, CEO Montana Renewables and EVP Corporate Development The planned hydraulic expansion and MaxSAF developments both continue as the company strategically seeks to grow its first-mover position in the rapidly accelerating SAF market. With these milestones met, we have demonstrated Untreated EBITDA of $1.25

Montana 150
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New A123 Systems LLC emerges

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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’s joint venture with Shanghai Automotive. A123’s joint venture with Shanghai Automotive.

Lead Acid 310
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USDOT announces $84.9M through Lo-No program to expand advanced bus technologies

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Delaware Transit Corporation. The Delaware Transit Corporation will receive funds to purchase of battery electric buses with supporting equipment and infrastructure to replace diesel buses that have exceeded their useful life. Bloomington Public Transportation Corporation. City Utilities of Springfield, Missouri.

Purchase 170
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USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

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BCAP, created in the 2008 Farm Bill, helps farmers and forest land owners with start-up costs of planting new energy crops that can take several years to reach maturity until harvest, a timeline designed to parallel the construction schedule of commercial-scale energy facilities that will use these crops.

Arkansas 218
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Smith Electric Vehicles US Selects Kansas City for Electric Truck Assembly Plant; Newton Model to Be First

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Smith Electric Vehicles US Corporation ( SEV US ) has selected Kansas City as the site for its US assembly plant. The company will receive close to $3 million in job training funds and other incentives from the state of Missouri and Kansas City. The SEV US Newton. Click to enlarge. Earlier post.)

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

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(Boston, Massachusetts) will develop a cost-effective, high efficiency, power take-off system for a wave energy converter, a mechanism to convert water’s mechanical energy into usable electricity. The project will assess the cost of manufacturing these systems at various scales. DOE Funding: $160,000. Total Project Value: $200,000.

Mariner 210
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LA-based SMLC to lead new DOE Smart Manufacturing Innovation Institute; ~$800M for 5 new hub competitions

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The Smart Manufacturing Innovation Institute will focus on accelerating the development and adoption of advanced sensors, data analytics, and controls in manufacturing, while reducing the cost of these technologies by half and improving the efficiency of US advanced manufacturing. Missouri U. Purdue U.