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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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The new Indiana plant will give EnerDel the capacity to produce battery packs for approximately 600,000 hybrid electric vehicles, or 60,000 battery-electric cars. The Indiana plant will be financed through a $118.5 million, which comprises a state incentive package of $21.3 Earlier post.) Bill Cooke.

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

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The fermentation and distillation process is similar to a conventional plant, but the facility will be fueled by the steam heat from a Combined Heat and Power (CHP) generator. Financing challenges. All of this makes for a very difficult time to get financing for a new facility. Earlier post.).