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

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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 The recession, as the report confirms, is having an impact on the industry, according to the GEA. and 7,109.9 million people.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. The local industry is already recovering, with commercial vehicle plants re-opened. million units, in the wake of the COVID-19 pandemic.

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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

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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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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

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

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But, the report identifies clear opportunities, especially in light of infrastructure-related stimulus investment, to get this right. Greening supply chains and implementing best practices. Supply Chain Management. —CEC Executive Director Evan Lloyd. Shifting to more-efficient transportation modes.

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

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Wendel Dreve and Marion Gilliland have dedicated the past five years to pursing their dream of transforming the corn ethanol industry. First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. All of these issues are contributing to excess capacity in the industry.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

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Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. millionthis year from $211.9 million, according to the EnergyDepartment Web site.

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