Remove Grid Remove Hybrid Remove Manufacturer Remove Stimulus
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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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The Massachusetts Clean Energy Center (MassCEC) has approved a $5-million forgivable loan for Li-ion battery manufacturer A123 Systems contingent on its hitting job creation and private investment milestones. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.

Grid 199
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Odyne Systems delivers 7 plug-in hybrid work trucks through the Wisconsin Clean Transportation Program

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Odyne Systems, LLC has delivered seven trucks featuring the Odyne plug-in hybrid propulsion system to utilities and municipalities throughout Wisconsin. Although the county automotive fleet includes hybrids, these are the first hybrid trucks they are putting to work. Manufactured by DUECO, Inc.

Wisconsin 199
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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5

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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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A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. The funding will also support A123’s efforts to develop applications for the smart grid, such as utility-scale energy storage. Earlier post.) Earlier post.)

Financing 150
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GE to Open Sodium-Metal Halide Battery Plant in New York

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GE will open a new battery manufacturing plant in Upstate New York that will serve as the main manufacturing facility for GE’s newly launched battery business. The first application will be GE’s hybrid locomotive, which will be commercialized in 2010. Battery Requirements for Hybrid Locomotives. Click to enlarge.

Sodium 191
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Ener1 Establishes European Division

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Through its subsidiary EnerDel, it designs, develops and manufactures, advanced high energy density, lithium-ion batteries. Ener1 also develops commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

Renewable 220