Financing Grid Stimulus 
Green Car Congress
APRIL 26, 2010
With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts. Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014.
Green Car Congress
JULY 22, 2009
Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.
Green Car Congress
APRIL 13, 2009
A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. The funding will also support A123’s efforts to develop applications for the smart grid, such as utility-scale energy storage.
Green Car Congress
MARCH 12, 2010
Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing. The Aurica E-Car features four electric motors (one for each wheel), controlled by its proprietary drive electronics. The PEP station concept is not compatible with the Better Place system.
Green Car Congress
JANUARY 21, 2010
Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5
Green Cars News
AUGUST 23, 2011
With electric cars inching ever closer to a mainstream reality, questions are raised as to how the grid will cope with increased demand. In 2009, for example, the US Stimulus Plan helped finance research into energy storage with [.]. One of the potential answers appears to be energy storage.
Green Car Congress
MAY 19, 2011
More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs.
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