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The 235,000-square-foot facility, which will employ 300 people once completely invested, was partly financed by a $95.5 million federalgrant from the Department of Energy (DOE) under the American Recovery and Reinvestment Act (ARRA). —Dan Miller, Jacksonville operations manager.
Valence submitted its application requesting the federalgrant funds over a three-year period and plans to fund the remaining $359.4 The company’s proposed facility in Leander, Texas would manufacture lithium phosphate cathode material, high-capacity advanced cells and battery packs for electric drive vehicles and other applications.
Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.
Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. Integrated pilot and ten percent of full-scale conversion facilities will be financed to determine suitable technologies for full-scale commercial deployment.
And even with the Tesla-Toyota announcement, Councilwoman Anu Natarajan said Saturday that the city will continue to use its $333,000 federalgrant to study other potential uses for NUMMI and the adjacent land. “With the new BART station and Solyndra and the electric-car plant, we’re becoming a cluster of green tech. &#.
Department of Energys Transportation Electrification stimulus program for a federalgrant that would enable a nationwide demonstration fleet with the United States Postal Service (USPS) * Potential partnership with USPS to include infrastructure support from ConEd, Duke Energy, DTE Energy and Electric Power Research Institute (EPRI) Washington, D.C.,
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