Altairnano just announced that it has received a Small Business Innovation Research grant from the U.S. Small Business Administration (SBA) Office of Technology . The grant will be used to develop better-performing energy storage options for the Naval Sea Systems Command (NAVSEA), a contract valued at $100,000. With the grant, Altairnano will be able to research and develop new cell chemistries that maintain performance even in extremely high temperatures.
Ener1 just announced that its subsidiary, Enerdel, will be working with Nissan to research a new type of electrical conductive material. The material will be used to make better batteries for hybrids. The companies will research a new type of electrolyte at the Argonne National Laboratory.
In a press release, Ener1 executives commented on the project:
“This project is about continuing the evolution of a critical technology,” said Charles Gassenheimer, CEO and Chairman of … Read the rest
ZAP has received a shipment of 100 electric vehicles powered by larger-format polymer lithium-ion batteries from Advanced Battery Technologies. This first shipment was for Zappy3 Li personal transporters, but the two companies plan to expand their partnership into larger vehicles soon, such as pickups, vans and the Alias roadster model that ZAP is developing.
In a press release, ZAP CEO Steve Schneider explained why Advanced Battery Technology’s batteries make such a difference:
Volvo has chosen Ener1’s lithium-ion batteries for its plug-in hybrid V70 demonstration cars. These cars are being tested in Europe as part of a program to deliver a commercial plug-in hybrid by 2012. The demonstration cars can go for 31 miles on a single charge, and can draw power from a normal household outlet. For long distance trips, the car uses an integrated diesel engine.
Enerdel, Ener1’s manufacturing arm, created the batteries especially for the … Read the rest
The US government announced today that they’ll soon begin accepting applications for around $3 billion in government funds to spur development in renewable energy across the country. Previously, companies could file for a tax credit to cover a portion of development costs, but this provides an immediate infusion of cash to help meet the government’s goal of doubling renewable energy production over the next 3 years.
“This partnership between Treasury and Energy will enable both … Read the rest
It’s being announced this morning that electric car manufacturer ZAP (OTC:ZAAP) will offer extended ranges and more vehicle power by incorporating Advanced Battery Tech’s (ABAT) large-format polymer lithium-ion battery technology. The company expects to use the technology in its popular line of Zappy3 electric scooters initially, then incorporate into other vehicles later. The battery may play an important role in ZAP’s extended range pickup, the shuttle van and the Alias roadster, offering better performance … Read the rest
Arotech just announced that it has received $3 million worth of orders for rechargable lithium-ion batteries, chargers and related components. Arotech focuses on supplying the military, police departments and private security firms. The chargers will recharge unmanned air vehicles and the batteries will power night-vision goggles.
In a press release, Robert S. Ehrlich, Chairman and CEO of Arotech Corporation, commented on the orders:
“The orders confirm our world-wide customers’ continued satisfaction with our range … Read the rest
Pollution from automobiles is a rampant problem in developed societies around the world, and as emerging economies such as China and India become more prosperous, a larger percentage of the population is able to afford personal transportation. This might lead the environmentally conscious to worry about an immense explosion in the number of cars on the road –and indeed, the number is rising–. But unlike many western societies where the standard of personal transportation rests … Read the rest
EnerDel (HEV) has been awarded a $3.3 million contract by the Dept of Energy research for better safety and performance of lithium batteries. The research, to be conducted jointly with Argonne National Laboratories, will be funded under the DOE’s Vehicle Technologies Program and aim to eliminate the overcharging of batteries at the chemical level. EnerDel and Argonne have worked together in the past, receiving the Excellence in Technology Transfer award for their lithium-titanate chemistry. … Read the rest
Yesterday, Advanced Battery Tech (ABAT) staged a firm breakout from a bullish consolidation pattern with heavy volume and appears poised for another leg higher in the coming weeks… possibly to the next level of resistance around the 6 level.
Full disclosure: I have been adding positions between 4 – 4.12 and remain long.
