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Beck, a wholly-owned subsidiary of Science Applications International Corporation (SAIC), has been awarded a blanket purchase agreement by the Department of Energy (DOE) and the Golden Field Office to support The Office of Energy Efficiency and Renewable Energy’s Biomass Program. The BPA’s period of performance expires 30 Sep.
Union Pacific Railroad plans to purchase 20 battery-electric locomotives for testing in yard operations. The combined purchases and upgrades to yard infrastructure are expected to exceed $100 million, representing the largest investment in battery-electric technology by a US Class I railroad.
Proterra announced that eight new and existing customers have won Federal Transit Administration (FTA) Low or No Emission (LoNo) Vehicle Deployment Grants. The 2016 LoNo grant winners will use their funds, a total of $22.8 Delaware Transit Corporation, six 35' Catalyst XR buses. With more than 2.4 With more than 2.4
EQT Corporation, an integrated energy company with emphasis on Appalachian area natural gas production, gathering, transmission, and distribution, announced that the EQT Foundation awarded more than $900,000 in grants to five Pittsburgh area non-profit organizations to support community programming and promote the use of Natural Gas Vehicles (NGVs).
billion in grants to US-based manufacturers to produce batteries and their components and to expand battery recycling capacity; $500 million in grants to US-based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and. KEMET Corporation.
The project selections were approved as part of the Low- or No-Emission (Low-No) Grant program, which funds the deployment of zero-emission and low-emission transit buses and supporting equipment and facilities. Delaware Transit Corporation. A total of 49 projects in 46 states and territories will receive funding through the program.
the developer of advanced lead-carbon PbC batteries, has been awarded a $248,650 grant from the Pennsylvania Energy Development Authority to assist in the development and deployment of an Axion PowerCube battery energy storage system. The $248,650 grant is part of $1.5 Axion Power International, Inc., Earlier post.).
million in tax credits and up to $200,000 in training grants to Electric Motors Corporation (EMC), based on the company’s plans to establish an electric vehicle industrial development park the state. This is the State’s first such grant under its incentive program to a company in the electric drive systems category.
The California Energy Commission gave final approval for nearly $50 million in grant awards for hydrogen refueling and electric charging construction projects recommended for funding in notices of proposed awards published in April and May. California’s zero-emission vehicle goal is to get 1.5 ITM Power Inc. Ontario CNG Station Inc.
The vehicles typically utilized in the states are purchased from overseas stock and stripped-down to the basics. To help develop an environmentally and spatially friendly urban mobility solution, Nimbus received a $15,000 MMFP testing grant. . ($70,000).
California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Ltd (SAIG) to manufacture inner-city electric buses. Sichuan Automobile Industry Co.
Eligible projects include the purchase or lease of buses powered by modern, efficient technologies. The City and Borough of Juneau will receive funds to purchase new electric buses to replace aging diesel buses and associated charging infrastructure. City and Borough of Juneau (Capital Transit). Alabama A&M University.
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. Fifty-one projects in 39 states will receive a share of the funding.
In addition to the stalking horse asset purchase agreement with Johnson Controls, A123 continues to engage in active discussions regarding strategic alternatives for its grid, commercial, government and other operations, and has received several indications of interest for these businesses. Bankruptcy Code. Earlier post.).
Eaton Corporation has established a program to assist diesel truck fleet owners in applying for the $156 million in grants for diesel hybrid trucks that are available under the American Recovery and Reinvestment Act (ARRA). Fleets are able to purchase multiple trucks. Dontia Warren.
Mitsubishi Corporation (MC) will provide 507 units of the i-MiEV electric vehicle manufactured by Mitsubishi Motors (MMC)—the largest single provision since sales of the EV started—to the Estonian Government. subsidy programs for consumers who purchase electric vehicles, to be introduced by the end of 2012.
The Pennsylvania Department of Environmental Protection (DEP) is now accepting applications through the state’s $6 million Alternative Fuel Incentive Grant program (AFIG) for fuel or fuel-saving projects throughout the state. Applications must be submitted via the Environmental eGrant system at www.grants.dcnr.state.pa.us.
The California Energy Commission committee reviewing the proposed 390-megawatt Hydrogen Energy California (HECA) power plant ( earlier post ) rejected a motion to terminate the project’s application for certification (AFC) and granted a separate request to suspend the AFC for six months.
American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.) Earlier post.)
The preliminary five tonne cargo was loaded onto the ship on Wednesday and set sail overnight from Buenos Aires port, and is being delivered into the Sales and Purchase Agreement executed with Mitsubishi Corporation RtM Japan Ltd. Permitting approvals have been granted for expanding production to up to 2,000 tpa.
million in grant funding from the American Recovery and Reinvestment Act through the DOE to help offset the incremental cost to purchase and deploy these heavy-duty hybrid trucks that are designed to meet the operational demands of local goods movement. MHTI is utilizing $5.9
The Washington DC-based Millennium Challenge Corporation (MCC) and the Government of Kenya signed a $60 million Kenya threshold program agreement earlier this week. They say the program is designed to improve urban connectivity and promote economic growth in Kenya.
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). Li-ion maker A123 Systems, Inc. Earlier post.). Earlier post , earlier post.)
School districts and transportation contractors can now purchase buses fueled by compressed natural gas that are 90% cleaner than the national emissions standard, opening more opportunities for funding that supports reduced emissions. —Phil Horlock, president and CEO of Blue Bird Corporation. V10 engine.
Ford Motor Company has entered into a definitive agreement to sell Volvo Car Corporation and related assets to Zhejiang Geely Holding Group Company Limited. The purchase price for Volvo Cars and related assets (primarily intellectual property) is US$1.8 Volvo is Volvo and Geely is Geely. Volvo will be run by Volvo management.
But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.
FREYR expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional Ordinary Shares as part of this offering. Norway-based FREYR Battery plans to make a public offering of 13,500,000 of its Ordinary Shares, without nominal value, in an underwritten registered public offering.
The Pennsylvania Department of Environmental Protection (DEP) is accepting grant applications for innovative, advanced fuel, and vehicle technology projects that will result in cleaner advanced alternative transportation within the commonwealth. Grant applications will be accepted through 13 July 2018.
Providing basic information on electric vehicles increases interest in the vehicles—the study showed 21% of consumers were more likely to purchase an electric vehicle after being educated about the facts on the vehicles. Only 30% of New Yorkers are knowledgeable about the specific benefits and limitations of electric vehicles.
In connection with these agreements, NMG has closed a non-brokered private placement of 6,666,667 units in the capital of the Corporation, at a price of $0.30 Each Unit consists of one common share and one half of one common share purchase warrant. per unit for an aggregate gross proceeds of $2,000,000.
Transit agencies began submitting their proposals after the FTA announced rules for the Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) grant program as part of the Recovery Act last March. Since President Obama signed ARRA into law in February, grants totaling more than $7.2 The DOT is making $48.1
Azure Dynamics Corporation and Ford Motor Company announced that New York Power Authority (NYPA), the nation’s largest state public power organization, has been added to the LEAD customer program for the Ford Transit Connect Electric van.
will purchase 51 additional gasoline-electric hybrid vehicles from Azure Dynamics Corporation. The new purchase marks the third advancement in FedEx’s alternative vehicle fleet in recent months. The New York State Energy Research and Development Authority (NYSERDA) plans to provide a grant to FedEx for the Azure hybrids.
The funds will also be used to redesign the manufacturing facilities, improve plant infrastructure, and purchase machines and equipment. million (approximately €46 million), which is granted by the Michigan Economic Development Corporation, as well as other state and local tax credits and abatements.
Xcel Energy, a major US electricity and natural gas company, will add two of the 13 vans into its corporate fleet. The company will also provide $20,000 grants from its Chairman’s Fund to support the purchase of 11 additional Ford Transit Connect Electric vans for its project partners. The city of Saint Paul, Minn.,
Canada-based Forge Hydrocarbons Corporation, a spin-off from the University of Alberta ( earlier post ), has received a US$4-million from Lockheed Martin under the Industrial and Technological Benefits (ITB) Policy. Forge’s LTH technology reduces green house gas emissions by over 70% compared to petroleum-based fuels.
million in grant selections through the Low- or No-Emission (Low-No) Grant program, which funds the deployment of transit buses and infrastructure that use advanced propulsion technologies. Eligible projects include the purchase or lease of buses powered by modern, efficient technologies. Delaware Transit Corporation.
Hydrogenics Corporation, a developer and manufacturer of hydrogen generation and fuel cell products, has entered into a strategic alliance with CommScope, Inc., CommScope will purchase from Hydrogenics common shares in four tranches, up to a maximum of 2,186,906 shares for a maximum aggregate purchase price of $8,500,000.
Electric Transportation Engineering Corporation (eTec), a subsidiary of ECOtality, Inc. signed a contract with the US Department of Energy (DOE) for a grant of exactly $99.8 million to undertake the largest deployment of electric vehicles (EVs) and charging infrastructure yet in the US. Earlier post.).
The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well. The matching stimulus grant will provide up to $2.5 PECO serves 1.6
Members of the Hybrid, Electric and Advanced Truck Users Forum (HTUF) Parcel Delivery Working Group have received hydraulic series hybrid package delivery evaluation vehicles from Freightliner Custom Chassis Corporation (FCCC), Morgan Olson and Parker Hannifin. Earlier post.)
In addition, Tesla has granted the underwriters a 30-day option to purchase up to an additional 15% of each offering. The aggregate gross proceeds of the offerings, including the options granted to the underwriters, is expected to be approximately $1.15
Elon Musk, Tesla’s CEO, intends to purchase $20 million of common stock in this offering at the public offering price. In addition, Tesla intends to grant the underwriters a 30-day option to purchase up to $75 million of additional shares of common stock. Goldman, Sachs & Co.
Those who purchase electric cars can avail of the €5,000 (US$6,800) grant, which the Irish Government announced today. All three vehicles will be fitted with the latest generation of lithium-ion batteries produced by Automotive Energy Supply Corporation (AESC), a joint venture between Nissan, NEC and NEC Tonkin. Fluence Z.E.,
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