Remove 2008 Remove Grid Remove Stimulus
article thumbnail

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

Green Car Congress

At the AABC 2008 conference, Robert King from GE Global Research outlined requirements and challenges for hybrid locomotive batteries, including: 1,300 kW continuous chare/discharge power. The announcement coincides with GE’s submission this week for federal stimulus dollars from the US Department of Energy. Earlier post.).

Sodium 191
article thumbnail

World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

The report shows that even after a tumultuous 2008, an index of the world’s 90 leading clean energy companies had a five-year compounded annualized return of almost 10%, unmatched by the world’s major stock indices. Investment in clean energy has not only increased, but has also diversified geographically. billion) in 2004. billion) in 2004.

Green 150
article thumbnail

Research Suggests Renewables Could Generate 40% of Global Power by 2050

Green Car Congress

In Europe, Britain’s industry has called on the British government to shell out £625 million (€675 million, US$872 million) for renewables support, and the latest data show that EU Member States France and Germany have committed large sums of green stimulus money, especially for renewables.

article thumbnail

Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

lower than 2008 and 2003, respectively. Private sector investment can also drive green stimulus. This was followed by Smart Grid, which saw a 360% increase, and Hydropower, which saw an 81% increase. lower and 8.3% This is the result of policies promoting cleaner vehicle fuels and advanced clean vehicle standards.

article thumbnail

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

Green Car Congress

Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

Financing 150
article thumbnail

ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

In 2009, China overtook the United States as the world’s largest automobile market with sales increasing 46 percent from 2008 to 13.6 ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. million vehicles in 2009, according to the China Association of Automobile Manufacturers.

China 186
article thumbnail

NYC Goes EV

Revenge of the Electric Car

In 2008, transportation accounted for 22 percent of all city carbon emissions. percent of all cars in New York City are electric, which the PlaNYC study suggests is possible, the city’s carbon emissions would be reduced by approximately 170,000 metric tons per year from 2008 levels. billion in stimulus grants to the industry.