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

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A new report by the Geothermal Energy Association (GEA) shows strong growth in new geothermal power projects continuing through 2009. When added to the 3,100 MW of existing capacity, 10 gigawatts of geothermal power appears to be feasible. MW of power to the US geothermal energy output. and 7,109.9 million people.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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Boston-Power, Inc., Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China.

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

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Earlier post.).

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PwC industry survey provides check-up on determining factors for EV success

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More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. hybrids and plug-in hybrids vs. battery EVs); pricing; power generation investment and capacity; funding and developing an infrastructure; and energy sources for electricity.

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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.

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Materials Company EnerG2 Breaks Ground on Plant for Ultracap Electrode Materials

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EnerG2 anticipates that ultracapacitors containing its materials will be used by the automotive industry for hybrid electric vehicles, by electronics manufacturers for enhancing the life and usability of consumer goods, and by a variety of industrial customers to deliver an breadth of new ways to improve energy efficiency.

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

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Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. year financing under the Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing Incentive Program (ATVMIP). million in 2007.

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