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Battery Innovation Center opens in Indiana

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The BIC will leverage Indiana’s public and private sector assets in advanced battery technologies to create a center of excellence that will meet the research and development, rapid prototyping and contract manufacturing needs of industry, academic and military customers. After receiving $15.6

Indiana 231
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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Purcell, Jr.,

Boston 199
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Saskatchewan and Montana Partner on Major Carbon Capture and Storage Project

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Saskatchewan Premier Brad Wall signed a Memorandum of Understanding with Montana Governor Brian Schweitzer to work together on the development of one of the largest international carbon capture and storage demonstration projects to date. The estimated of the total cost of the project in Canadian dollars is $270 million (US$231 million).

Montana 150
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GE to Open Sodium-Metal Halide Battery Plant in New York

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The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. The initial investment in the factory will be $100 million. The batteries have some 30 patents associated with them, with more coming, Little said. Earlier post.).

Sodium 191
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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

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Once that has been done, the researchers plan to replace those genes with genes from other organisms to produce the desired fatty acids and overcome the internal regulatory mechanisms that could potentially limit fatty acid production. student Tim Turner, and industry partners Diversified Energy Corp. and Innova Tech. Earlier post.)

Renewable 218
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Annual investment in the global renewables industry had grown from $16.5

Financing 150
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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., Laura Marcero. Laura Marcero.

Grant 150