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Li-ion battery maker A123 Systems LLC, a newly formed, wholly owned subsidiary of Wanxiang America Corporation, has acquired substantially all of the non-government business assets of bankrupt A123 Systems, Inc. A123’s joint venture with Shanghai Automotive. A123’s joint venture with Shanghai Automotive.
BCAP, created in the 2008 Farm Bill, helps farmers and forest land owners with start-up costs of planting new energy crops that can take several years to reach maturity until harvest, a timeline designed to parallel the construction schedule of commercial-scale energy facilities that will use these crops.
—Bruce Fleming, CEO Montana Renewables and EVP Corporate Development The planned hydraulic expansion and MaxSAF developments both continue as the company strategically seeks to grow its first-mover position in the rapidly accelerating SAF market. With these milestones met, we have demonstrated Untreated EBITDA of $1.25
(Boston, Massachusetts) will develop a cost-effective, high efficiency, power take-off system for a wave energy converter, a mechanism to convert water’s mechanical energy into usable electricity. The project will assess the cost of manufacturing these systems at various scales. DOE Funding: $160,000. Total Project Value: $200,000.
Smith Electric Vehicles US Corporation ( SEV US ) has selected Kansas City as the site for its US assembly plant. The company will receive close to $3 million in job training funds and other incentives from the state of Missouri and Kansas City. The SEV US Newton. Click to enlarge. Earlier post.)
Delaware Transit Corporation. The Delaware Transit Corporation will receive funds to purchase of battery electric buses with supporting equipment and infrastructure to replace diesel buses that have exceeded their useful life. Bloomington Public Transportation Corporation. City Utilities of Springfield, Missouri.
Missouri University of Science and Technology. Missouri S&T will combine a novel additive manufacturing technique, called ceramic on-demand extrusion, and ceramic fusion welding techniques to manufacture very high temperature heat exchangers for power cycles with intense heat sources.
Of the lead recipients, 24% are small businesses, 57% are educational institutions, 11% are national labs, and 8% are large corporations. This project will develop and optimize a novel, engineered microorganism that produces a biodiesel-equivalent fuel from renewable hydrogen and carbon dioxide, at costs of less than $2.50 per gallon.
Not long ago, the idea that major corporations around the world would make the bold move of switching to all-electric vehicle fleets would have seemed far-fetched, if not inconceivable. The initiative, led by Ceres, aims to push more corporations toward fleet electrification and help expand the demand for electric vehicles.
The Smart Manufacturing Innovation Institute will focus on accelerating the development and adoption of advanced sensors, data analytics, and controls in manufacturing, while reducing the cost of these technologies by half and improving the efficiency of US advanced manufacturing. Missouri U. Purdue U.
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