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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

Green Car Congress

The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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Enova Announces 16 Unit Hybrid School Bus Order; Initial Deployment of Federal Stimulus Dollars for School Buses

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Both Navistar, who claims 61% of the school bus market in North America, and Enova, say that this initial deployment is an important next step in the evolution of the hybrid school bus program towards long term production volume. Enova COO John Mullins.

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China Car Sales Likely Hit New Record in April

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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. People’s Daily. million units, according to estimates from the China Association of Automobile Manufacturers (CAAM).

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Li-ion maker Boston-Power adds $30M in funding; China expansion

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Boston-Power recently broke ground on its new manufacturing site in Liyang.

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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

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Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. This direct payment program allows for an immediate stimulus in local economies.

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

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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? Earlier post.).

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

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US Geothermal Power Production and Development Update, September 2009 identifies 144 new geothermal projects under development in fourteen states that could represent as much as 7,100 MW of new baseload power capacity. million people. The recession, as the report confirms, is having an impact on the industry, according to the GEA.