Battery innovation, at least at the prototype level, is alive and well in the U.S. and could even lead the next-generation of transportation and grid tech. Read More »
Cleantech
The third annual ARPA-E conference — created to highlight research and startups that have received mostly small grants from the Department of Energy — kicked off just outside of Washington DC on Monday. Here’s my photos of some of the next-gen energy tech from the show: Read More »
A startup called Envia Systems that’s been working on lithium ion battery technology says it’s developed a key breakthrough that could one day lead to an electric car that has a 300-mile range and could cost around $25,000 to $30,000. Read More »
President Obama wants more natural gas development, and with it he wants to see more natural gas powered cars on American streets. He announced Thursday a $30 million R&D fund to develop technologies that will make natural gas cars cheaper and safer to drive and refuel. … Read More »
Grid battery startup Aquion Energy announced on Tuesday that it plans to build a factory in Pennsylvania and begin production of its sodium batteries starting in 2013. Read More »
How likely is it that electric car company Fisker Automotive will be able to draw down on the remaining $339 million of its Department of Energy loan? According to one analyst, not likely. Read More »
The White House sent its proposed budget for 2013 to Congress on Monday, and the plan calls for boosting funding for clean power and energy efficiency, seeks to eliminate fossil fuel subsidies and doesn’t seek additional funds for the loan guarantee program. Read More »
Electric vehicle maker Fisker Automotive announced on Monday that it has halted work on its second electric car called Project Nina at its factory in Delaware, has laid off 26 workers, and is attempting to renegotiate the terms of its loan with the U.S. government. Read More »
Some good news and bad news for the beleaguered battery maker Ener1. On Thursday, the company announced it’s filing for Chapter 11 in New York, but has done so under a pre-arranged restructuring plan that includes commitments for up to $81 million from investors. Read More »
Private equity firm Silver Lake’s first foray into energy and cleantech investing is gonna be a big one. According to a filing, Silver Lake Kraftwerk is raising a $1.25 billion fund and has closed a little over $200 million of it. Read More »
Beacon Power, the flywheel maker that filed for bankruptcy last month after winning a $43 million loan guarantee from the Department of Energy, announced on Saturday that it plans to sell its 20 MW flywheel plant in Stephentown, New York, to pay back the DOE loan. … Read More »
Electric vehicle startup Fisker Automotive has dramatically scaled back production plans of its first car, the Karma, in the fourth quarter of 2011, and it won’t ramp up to full production until the second quarter of 2012. Read More »
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