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million in grants to provision and install 105 electric vehicle (EV) charging ports in 21 locations around the state of Texas. These grants will help accelerate the expansion of public EV charging in sectors such as hospitality and multifamily. Texas-based Universal EV Chargers has been awarded $3.2
The University of Delaware has signed the first license for its vehicle-to-grid (V2G) technology with AutoPort, Inc., Under the terms of the licensing agreement, AutoPort has been granted non-exclusive rights in the area of commercial fleet vehicles. In September 2009, Delaware Gov. of Delaware). Source: PJM. 2007.03.010.
The California South Coast Air Quality Management District (AQMD) has awarded AC Propulsion a $300,000 grant to integrate its electric drive system technology into commercial service vans ( three Ford E250 vans supplied by Comcast) in Southern California. AC Propulsion was awarded the $300,000 grant out of a total program budget of $750,000.
University of Delaware researchers have identified an algae— Heterosigma akashiwo —that grows rapidly on a gas mixture that has the same carbon dioxide and nitric oxide (NO) content as emissions released from a power plant. That alone could save up to 45% of the required energy input to grow algae for biofuels, Coyne said.
The two companies have been wrangling since last year. On January 31, 2013, the United States District Court for the District of Delawaregranted Syntroleum’s motion to stay Neste’s lawsuit pending reexamination of the ‘344 patent by the US. Syntroleum’s patent issued on November 15, 2012, and expires on December 10, 2028.
announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). He suggested that what the company calls its “stalking horse”—i.e.,
. “That counterintuitive result defies settled principles of Delaware law, sound corporate governance, and common sense,” said the opening appeal brief. According to the Delaware Supreme Court, the entire fairness standard reviews corporate transactions, including those between corporations and their controlling stockholders.
Pennsylvania Governor Tom Wolf announced that 34 cleaner energy transportation projects will receive $8,489,844 in Driving PA Forward grants and rebates. In this second set of awards, the following recipients will receive grants and rebates: Statewide. Multi-county. Allegheny County. Giant Eagle, Inc.: Beaver County.
The company said today that it has laid off employees and contractors at both its new Anaheim, California, headquarters and its assembly facility in Wilmington, Delaware. Layoffs by car companies are hardly new, but Fisker was granted $529 million in low-interest loans.
Tesla and its CEO Elon Musk have said they will appeal the decision to rescind his $56 billion pay package, as a Delaware Judge ruled last month that the payday was too lucrative and not in the best interest of investors after a shareholder opposed it. Reuters initially reported on the intention of appeal from Musk and Tesla.
Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced that the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. PBF is one of the largest independent refining companies in the US. Bernard Parish consider the project.
Tesla’s 2024 Annual Stockholders’ Meeting is just over a day away, and the company is putting out all the stops to encourage its investors to vote for the event’s key proposals. The company provided a link to its dedicated webpage for key proposals at the 2024 Annual Stockholders’ Meeting, votetesla.com , as well.
The new grant recipients were selected using a competitive merit-review process. The GRI Research Board is an independent body established by BP to administer the company’s 10-year, $500 million commitment to independent research into the effects of the Deepwater Horizon incident. Lead Institution: Tulane University. John, Ph.D.
Delaware Chancery Court Judge Kathaleen McCormick denied Musk the right to obtain the massive pay twice, with the most recent decision coming in December. Shareholders will act in the best interest of the company and [link] TESLARATI (@Teslarati) January 8, 2025 Need accessories for your Tesla?
The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas.
Elon Musk’s Tesla pay package has been voided by a Delaware Judge after the case was ruled in favor of the plaintiff, a shareholder who challenged the validity of the amount of the payday. Judge Kathaleen McCormick ruled in the Delaware Court of Chancery that Musk’s pay package did not meet the standard of a fair price.
Thousands of retail Tesla ( NASDAQ:TSLA ) investors have banded together to express their support of CEO Elon Musk’s and his 2018 compensation plan, which was rescinded by a Delaware judge last week. The group also expressed their support to the idea of Tesla moving its state of incorporation from Delaware to Texas.
Proxy advisory firm Glass Lewis has shared a few thoughts on the ongoing vote to ratify Elon Musk’s 2018 compensation plan, ahead of the company’s upcoming shareholders meeting. Along with the size of the payment plan, the firm said it was concerned about the deal having a dilutive effect on shareholders. What are your thoughts?
Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. Though the Voight/Nol offer amount has not yet been made public, many predict the company will sell for $25 million to $50 million. Noting that DOE has issued $8.4 Earlier post.)
The workers would likely be serving as key witnesses to the companies’ court battle this October. Musk’s legal team has submitted a letter to Delaware Chancery Court Judge Kathaleen St. The Tesla CEO pressed Twitter for information, and the social media company responded by granting Musk access to its “firehose.”
Tesla, Elon Musk, and Warner Brothers Discovery have been named as defendants in a lawsuit filed by Delaware LLC and Hollywood filmmaker Alcon Entertainment. Alcon did not want Blade Runner 2049 to be affiliated with Musk, Tesla, or any Musk company for all of these reasons,” the plaintiff wrote.
Earlier this year, White Dog Labs was awarded a grant from the Department of Energy (DOE) to extend its MixoFerm mixotrophy technology from first- to second-generation biofuels and chemicals. The company first pursued Acetone Butanol Ethanol (ABE) technology when it was founded in 2012. Jones, Alan G. Fast, Ellinor D.
In 2012, nearly 80% of total investment in the global fuel cell industry was made in US companies. In the stationary market, Bloom Energy announced that it was doubling the number of Bloom Energy Server installations and company revenue every six months. 2012 Fuel Cell Technologies Market Report.
Tesla CEO Elon Musk is planning to file a counter-lawsuit against social media company Twitter in an attempt to terminate the $44 billion agreement the two parties had where Musk would buy the platform. ” Twitter files suit against Elon Musk in Delaware court to enforce buyout deal. per share through their suit.
At Thursday’s Annual Shareholder Meeting , Musk’s ratification request was passed after it needed to be voted on once again following a void by a Delaware Chancery Court Judge earlier this year. ” It also noted the total shareholder return was in the 98th percentile of all Russell 3000 companies from 2018 to 2023.
Twitter was ordered by a Delaware judge to give Elon Musk data used in its fourth quarter of 2021 audit of its active users, Reuters reported. Twitter quickly revoked his verification and refused to grant it when he reapplied. Andrea pointed out that some companies perform audits for Twitter to verify ads on the platform.
As part of this initiative, Google.org awarded $1 million in grants and announced plans for a $10 million request for proposals (RFP) to fund development, adoption and commercialization of plug-ins , fully electric cars and related vehicle-to-grid (V2G) technology. In addition, Google Inc. Larry Brilliant, Executive Director of Google.org.
The US Department of Transportation’s Federal Transit Administration (FTA) announced $55 million in grant selections through the Low or No Emission (Low-No) Vehicle program, which funds the development of transit buses and infrastructure that use advanced fuel technologies. Delaware Transit Corporation.
Commercial EV Charging Grants and Incentives There are local, state, and federal rebates and incentives available for EV charging at qualifying businesses across the United States.
Charged spoke with Nuvve CEO Gregory Poilasne about the various V2G projects that his company is working on around the world, and his recent testimony before the California legislature, which is considering a bill that would require all EVs sold in the state to be bi-capable by 2027. It’s also possible to do V2G through an AC port.
The grants will go to projects in 17 states. of Delaware). PolyPlus Battery Company. PolyPlus Battery Company and Corning Incorporated will work together to achieve transformational improvements in rechargeable Li-Air battery technology. Electrofuels: Biofuels from Electricity. Harvard, Univ. Sion Power Corporation.
Once Tesla is granted a Certificate of Conformity for Model Ys that are set to be produced at Gigafactory Texas, the automaker will be able to deliver the vehicles to customers. Tesla has been producing the cell in volume at a facility known as Kato Road near the company’s Fremont factory in Northern California.
E.ON, a German power company; EDF, based in France; and Italy’s Enel are partnering with Nissan to build V2G networks. The company has also launched Centrica Electric Vehicle Services to help companies transition to EVs. In Asheville and Greensboro, North Carolina, they have provided grants for electric bus charging.
This licensing agreement is a part of the settlement of a patent infringement case that has been pending in the Federal District Court for the District of Delaware between the two companies. ArcelorMittal entered into a licensing agreement of its Usibor part processing technology patent with AK Steel.
But in trying to assemble a majority to pass it, Mr. Waxman and Mr. Markey dished out a cornucopia of concessions and exemptions to coal companies, utilities, refiners, heavy industry and agribusinesses. Markey of Massachusetts, both Democrats, built their climate change bill last year in large measure around it.
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