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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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DOE selects 16 research projects for more than $19M in funding to advance Solid Oxide Fuel Cell technology

Green Car Congress

The 400 kilowatt SOFC prototype system represents an important advancement in SOFC technology development and demonstration toward the ultimate goal of deploying SOFCs in highly efficient coal-based central generation systems with carbon capture. DOE: $200,000 Non DOE: $91,152 Total: $291,152 (31% cost share). Redox Power Systems, LLC.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

Green Car Congress

This project will demonstrate the use of advanced sensors and monitoring instrumentation on low voltage (secondary) networks in downtown Boston to improve grid reliability and safety. Develop and demonstrate an innovative flywheel technology for use in grid-connected, low-cost bulk energy storage applications. 16,080,554.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

BYD makes about 80% of Motorolas RAZR handsets, as well as batteries for iPods and iPhones and low-cost computers, including the model distributed by Nicholas Negropontes One Laptop per Child nonprofit based in Cambridge, Mass. operations are small - about 20 people work in a sales and marketing outpost in Elk Grove Village, Ill.,

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