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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

Green Car Congress

Bright Automotive has applied for $35 million in government grants to accelerate the production of its plug-in hybrid the IDEA ( earlier post ), and to deliver battery solutions to the industry through its engineering services arm.

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EnerDel To Deploy AeroVironment Advanced Electric Vehicle Power Cycling and Test Systems at Indiana Facility

Green Car Congress

Automotive lithium-ion battery maker EnerDel will be using a portion of its recent federal stimulus grant to purchase eight AeroVironment (AV) advanced electric vehicle power cycling and test systems. In August EnerDel was awarded a $118.5

Indiana 186
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mPhase to Pursue Funding From Stimulus Plan’s $2B for Advanced Automotive Battery Technology

Green Car Congress

says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. mPhase is developing a “smart” reserve battery, the Smart NanoBattery, which is a primary battery typically designed for a special purpose such as emergency or military use.

Stimulus 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

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. Five months ago. Billion in Q1 2009 vs. $28.3

Financing 150