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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

Green Car Congress

GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. Earlier post.)

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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

Green Car Congress

At the high end, that would be enough baseload power to supply about 20% of California's total electric power in 2008—or enough generating capacity to supply the power needs of about 7.2 Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects.

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Ford Starts EV Test Drives

Revenge of the Electric Car

For more details, follow the link … Ford Plans to Start Electric-Car Tests in Germany Next Month. will start a two-year test program of electric Focus compact cars and Transit vans in Germany on Jan. Ford Plans to Start Electric-Car Tests in Germany Next Month. Ford is starting EV trials in Germany. “Ford Motor Co.

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Energy storage: why do we need it? The Green Piece.

Green Cars News

With electric cars inching ever closer to a mainstream reality, questions are raised as to how the grid will cope with increased demand. In 2009, for example, the US Stimulus Plan helped finance research into energy storage with [.]. August 22, 2011. The Green Piece Column.

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CEC report sets out North American plan for change and investment to achieve sustainable freight transportation

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The report, Destination Sustainability: Reducing Greenhouse Gas Emissions from Freight Transportation in North America , looks at the continental freight transportation network, a key component of the transportation sector, which is the second-largest source of greenhouse gas (GHG) emissions in North America, after electricity generation.

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Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

Creative Greenius talks AB 811 Financing to the Green Task Force / photo (c) Debra Bushweit Galliani. SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani. We also learned from Marilyn Lyon that Federal Stimulus money will be coming L.A.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

In addition to providing the heat for system processes, the CHP generator will provide 7.5MW of green electricity. Financing challenges. All of this makes for a very difficult time to get financing for a new facility. There has been activity with biomass electrical power generation in the past several months.