Green Car Congress
MARCH 16, 2010
“Management tried repeatedly to protect against (closing) - even going without salaries for six months so that we could keep the company afloat and continue to pay employees,” said Ovan from his office in Chicago. Several military contracts totaling more than $5 million weren’t enough to keep the company afloat.
Green Car Congress
SEPTEMBER 10, 2009
million in two stimulus grants to CleanFUEL USA to establish more than 100 liquid propane (autogas) refueling stations in major US cities in coordination with CleanFUEL USA partners, including ConocoPhillips. The first station will be installed in Atlanta followed by Chicago, Houston, Denver and Sacramento.
Green Car Congress
JANUARY 28, 2012
flatbed on an IH 4300 chassis and will be used to maintain the electrical grid within the City of Chicago. The hybrid digger derrick was funded in part by a $4-million award ComEd received in federal economic stimulus funding to expand its alternative-fuel fleet. The Terex Commander 4042 digger derrick features a DUECO, Inc.
Green Car Congress
MAY 14, 2010
million federal stimulus grant to build electric trucks. FedEx showcased a prototype of the eStar electric truck during last month’s “Charge Up Route 66” tour that began in Chicago and ended in Los Angeles as part of the Fortune Brainstorm Green Conference. e-Star Quick Specs. 80 kWh Li-ion pack. 70 kW, 300 N·m (221 lb-ft) motor.
Green Car Congress
MARCH 22, 2009
The State of Texas will submit a bid to become the headquarters for an advanced battery consortium that is seeking $1 billion in Federal stimulus money to develop technology for the next generation of hybrid electric vehicles. Statesman.com. Everyone and his mother will be putting in an application as far as we can tell.”.
Green Car Congress
APRIL 14, 2009
Under the federal stimulus plan, the Obama administration has set aside $2 billion for electric drive vehicle battery and component manufacturing projects. Chicago-based Argonne was instrumental in the formation of NAATBatt, which began with 14 founding members and has grown to more than 50 members today. Earlier post.).
Green Car Congress
MAY 27, 2009
Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.
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