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ENER1 Raises $65M in Capital Though Sale of Notes

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Ener1 will use these funds along with its grant from the United States Department of Energy under the American Recovery and Reinvestment Act, for general operating expenditures and to help pursue its intended manufacturing plans to install 260 MW, or capacity for 11,000 electric. The first such installment is due on January 2011.

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Lightning Hybrids introducing hydraulic hybrid system on walk-in box truck

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Morgan Olson walk-in van with Lightning Hybrids hydraulic drive system installed for AmeriPride. Lightning Hybrids system installed on the walk-in delivery truck. Additional states that offer grants and funding for Lightning Hybrids’ systems include Colorado, Maryland and Massachusetts, among others. Click to enlarge.

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ENER1 Receives Additional $20M from Principal Shareholder

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Ener1 set out to raise $150 million at the start of 2010, to meet near-term manufacturing objectives.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

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Like the Recovery Act-funded projects, the annual Clean Cities projects include grants for vehicles, infrastructure, and education. The program includes the installation of 10 alternative fuel refueling sites (two B20, one Electric Recharging, and seven CNG). Last week, the Department of Energy also announced that.

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CleanFUEL USA and Ferrellgas Working Together on Propane Refueling Network in US

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The companies expect to break ground on the first Dallas-Fort Worth station in the third quarter of 2010, which will be followed with projects in Austin, Baton Rouge, Chicago, Indianapolis, Lake Charles, New Orleans, Orlando, Phoenix, San Antonio and St.

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Ener1 Establishes European Division

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Grape was previously CEO of EnerDel and successfully led the company through a ground-breaking expansion including massive capital investment, winning its first customer contracts and installation of a state-of-the-art mass production line. The company was recently selected to be awarded a $118.5

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

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The US Department of Transportation’s Federal Transit Administration (FTA) announced $55 million in grant selections through the Low or No Emission (Low-No) Vehicle program, which funds the development of transit buses and infrastructure that use advanced fuel technologies. Indianapolis Public Transportation Corporation.

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