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

Green Car Congress

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

Green Car Congress

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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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

Boston-Power, Inc., a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Earlier post.).

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

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Is tax equity dead? Cap and Trade Disappointment.

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This is How the COVID-19 Pandemic Affect The Global EV Market

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The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. As a result, a huge drop in sales in the automotive sector was reported worldwide.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Better Cars ….

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China on track for 12million vehicles

Green Cars News

If you’re still not taking China’s push to become a major automotive power seriously, then this statistic is sure to give you food for thought: according to an official with the National Development and Reform Commission (NDRC), the country is on track to produce a record 12million vehicles this year.

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