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says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimuluspackage. mPhase Technologies , Inc., When the battery is activated, the electrolyte passes through the membrane and contacts the electrodes, initiating the electrochemical reaction.
Firefly co-founder and CEO Ed Williams said that Firefly Energy board decided to cease operations “ after 15 months of unsuccessful attempts to raise $20 million in equity capital, in the midst of this worldwide financial crisis, funds that would have enabled the company’s transition to full production and commercial sales. ”.
million grant awarded under the federal stimuluspackage under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. million, which comprises a state incentive package of $21.3 million and Hancock County package valued at $48.6 The Indiana plant will be financed through a $118.5
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. Other findings include: COVID could drive a structural downshift in oil demand, even if economic growth in the short term brings about a recovery in oil use.
In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. The consortium promotes applications for the commercial use of this technology that are needed in the member companies. QUTAC’s vision is to drive such a quantum computing ecosystem.
The H2 Mobility launch comes one day after leading automakers signed a Letter of Understanding regarding the commercialization and series production of fuel cell electric vehicles from 2015 onward. The project is open for other interested partners. Earlier post.).
The Dearborn-based company has a target of rolling out an electric-powered version of the Transit Connect commercial van next year, followed by an electric Focus in 2011. To contact the reporter on this story: Chris Reiter in Berlin at creiter2@bloomberg.net.
UCI’s solar energy research center will be presenting their advice on partnering with the private sector to leverage research in the pipeline & to commercialize it. StimulusPackage allocated for renewables? If you act before Tuesday you can still register at the Early Bird rate. Are cities leading the way?
The areas of application are diverse: courier, express and package service providers (KEP, in German: Kurier-, Express- und Paketdienstleister); plant transportation in large corporations; service vehicles for plant maintenance, customer service, and assembly and internal transport within companies. The bodywork as such remains unaffected.
We are thinking about plug-in hybrids, but we aren’tthinking about commercializing one right away,” Fukui said. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimuluspackage approved in February for buyers of plug-incars. We will have packages that will be verycompetitive at that time.”
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.
The stimuluspackage is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.).
government, and PurpleAir , created via crowd-sourcing of commercial sensors. And then, with transmission complete and the triggering stimulus gone, the system would shut down and return to a sleep or fully powered-off state. Once the stimulus is removed, the metal finger reverts to its original shape and the switch opens.
If you want to drown in EV numbers and analyses from around the globe, do subscribe to Jose’s new commercial endeavor EV Volumes (and no, I’m not getting a cut). This year, though, I used his input into the EU-sanctioned eafo.eu more than the original Sales Blog, since it was more detailed and up-to-date.
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