Tag Archives: department of energy

US Geothermal (HTM) Surges 25% On DOE Loan Program Review At Neal Springs Plant

US Geothermal (HTM) is surging 25% today and getting back above a buck on news the company’s Neal Springs geothermal plant has been approved for a US Department of Energy due diligence review for an $85 million loan as part of the Energy Policy Act of 2005.  The DOE loan is expected to provide about 80% of the total estimated cost of the binary cycle geothermal plant which the company is expected to begin construction … Read the rest

DOE Adds $93 Million For Wind Energy Research/Development

By Jeff Siegel
Wednesday, April 29th, 2009

3 Ways to Play Hottest Green Energy Sectors – Get Your FREE Report

This afternoon, U.S. Energy Secretary, Steven Chu announced plans to pony up $93 million from the American Recovery and Reinvestment Act to support further development of wind energy. He also announced more than $100 million in funding for the National Renewable Energy Laboratory (NREL) and for infrastructure development.

Here’s the breakdown for wind development support…… Read the rest

Navistar (NAV) Gets $10 Million DOE Grant For Hybrid Electric School Bus

As part of the Plug-in Hybrid Electric Vehicle Technology Acceleration and Deployment Activity Program, the US Dept of Energy announced it has selected Navistar’s Fort Wayne plant for a cost shared award of up to $10 million to develop 60 plug-in electric hybrid buses for use across the nation during a multi year test program.  Navistar’s IC Bus is the only bus manufacturer currently offering the electric bus and will use the grant to improve … Read the rest

Clean Energy & Climate Change Funds in the Omnibus Bill

A hat tip to Earth2Tech for laying out the components in the $410 omnibus bill that represent clean energy and climate change.  The “imperfect omnibus bill” was signed into law by Obama today behind closed doors.  Here’s to more government waste but at least there are some clean energy bucks in there..

* EPA gets $7.6 billion (increase of $174 million over last year).  $224 million for grants to states to implement the Clean Air … Read the rest

Ener1 (HEV) In Partnership With Department of Energy

Ener1 (HEV) is announcing an important relationship with a heavy duty OEM manufacturer and the Department of Energy to develop lithium ion batteries for hybrid buses and other heavy duty vehicles.  It’s not a big deal in terms of monetary compensation at just 1.25 million, but it’s a clear vote of confidence in Ener1 (HEV) which will test their battery technologies under a variety of real world conditions.

“Ener1 has some of the world’s leading … Read the rest