Remove 2010 Remove Financing Remove Stimulus
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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). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150
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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

Green Car Congress

Of the 244 proposed projects, up to 53 (accounting for 10,975 MW) have indicated they will apply for Recovery Act funds and will break ground by the end of 2010. For those proposed projects looking for federal stimulus support, 22 could generate power at utility-sized levels of larger than 200 MW, totaling 9,231 MW.

Renewable 264
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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Starting in April 2010, the NUMMI workforce would be retrained in electric car manufacturing while the plant is retooled and the final engineering of the vehicle is completed, with the first car scheduled to come off the line within 2 years.

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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

Green Car Congress

GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. Earlier post.) Earlier post.)

Financing 150
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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

Green Car Congress

The Indiana plant will be financed through a $118.5 million grant awarded under the federal stimulus package under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. The project represents just the first stage of the company's expansion plans in the Indianapolis area.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

BGPY worldwide, representing a 127% increase over 2010 production volumes and an 8.4% Governments are expected to retreat from stimulus investment highs, shifting financing. access and dictating terms for accessing financing. Pike forecasts that the global market for biofuels will increase from $82.7 billion by 2021.

Global 225
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Tesla + Toyota

Revenge of the Electric Car

Posted: 05/22/2010 05:17:54 PM PDT. Updated: 05/23/2010 09:47:10 AM PDT. That project, according to the White House, employs more than 1,000 workers, making it one of the most successful stimulus investments in terms of spurring job creation. Here is the full text of the entire article, in case the link goes bad: [link].

Toyota 191