Remove 2009 Remove Financing Remove Stimulus
article thumbnail

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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Cap and Trade Disappointment.

Financing 150
article thumbnail

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. According to the GEA this was due to 4 new geothermal power projects moving to completion, but also reflects difficulty obtaining final permits and difficulty obtaining financing.

Industry 240
article thumbnail

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

Green Car Congress

Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014. In September 2009, A123 raised $378 million in its initial public offering.

Grid 199
article thumbnail

Energy storage: why do we need it? The Green Piece.

Green Cars News

In 2009, for example, the US Stimulus Plan helped finance research into energy storage with [.]. With electric cars inching ever closer to a mainstream reality, questions are raised as to how the grid will cope with increased demand. One of the potential answers appears to be energy storage.

article thumbnail

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

Green Car Congress

The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.

Green 150
article thumbnail

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

Green Car Congress

The Recovery Act authorized Treasury to make direct payments to companies that create and place in service renewable energy facilities beginning 1 January 2009. This direct payment program allows for an immediate stimulus in local economies.

article thumbnail

Ener1 Outlines Automotive Programs Underway for Li-ion Packs

Green Car Congress

These accounts represent a near term revenue opportunity or are of strategic importance to the firm, according to the company, which said that it believed 50% of the focus list customers could generate revenue during 2009. million was financed through capital leases. In addition to the contract with Think for the Th!nk

Li-ion 150