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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium ( QUTAC ). Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity.

BMW 221
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Enova Announces 16 Unit Hybrid School Bus Order; Initial Deployment of Federal Stimulus Dollars for School Buses

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Enova Systems confirmed today that they, along with Navistar International Corporation and its subsidiary IC Bus, will deploy 16 hybrid school buses ( earlier post ) used for a number of school districts. The deployment of these initial systems is an affirmation of Navistar’s commitment to the hybrid school bus market.

Stimulus 186
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”.

Global 170
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Sandia Labs Battery Abuse Testing Laboratory undergoing $4.2M renovation to enable testing of larger batteries for EVs and PHEVs

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million overhaul, paid for with federal stimulus funds, includes updating test bays, data acquisition systems and laboratory space, and hiring additional staff members to meet the growing demand for Sandia’s battery safety expertise. —Chris Orendorff, team lead for the Battery Abuse Testing Lab.

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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A123 Systems has added more than 50 corporate and research and development jobs in Massachusetts in the last year associated with its expanded US manufacturing capacity in Michigan. Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014.

Grid 199
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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He identified three major themes in 2009 for renewable energy: “ Energy markets are undergoing their most fundamental changes since the 1930s; cap and trade is the most complex issue outside of health care; and schisms exist within the energy community that will grow stronger over time. Energy Markets in a State of Change.

Financing 150
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. Click to enlarge.