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DaimlerChrysler Delivers a Fuel Cell Vehicle to Michigan

Today, DaimlerChrysler and Inergy Automotive Systems made another achievement in fuel cell technology. Inergy became the first Michigan F-Cell customer since the DOE Hydrogen Learning Demonstration Project kickoff in Washington, D.C. Inergy will use the DaimlerChrysler F-Cell in daily use to provide further knowledge on operational capabilities and to help conduct research on hydrogen storage. Daily use of the F-Cell will supply technical data that will help improve the next generation of fuel cell vehicles (FCV)s. DaimlerChrysler’s efforts are continued proof that the company is committed to fuel cell vehicles. Inergy will refuel the F-Cell at the DTE Energy Hydrogen Technology Park in Southfield, Michigan, with a BP hydrogen dispenser. A community event at the Technology Park this Saturday, July 16th will give the public a chance to see how hydrogen is produced, stored and utilized. Attendees will also have the opportunity to see a UPS fuel cell-powered Sprinter Van and the Inergy F- Cell, both built by DaimlerChrysler. The largest fleet of fuel cell vehicles in the world is managed by DaimlerChrysler. The F-Cell delivered today is part of DaimlerChrysler’s 100- plus fuel cell vehicle fleet that the Company has put into service around the world. The Inergy F-Cell […]

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USCAR and U.S. DOE to Invest up to $195 Million in Lightweight Materials and Batteries Research

Ford Motor Company, General Motors Corporation and DaimlerChrysler Corporation, as members of the United States Council for Automotive Research (USCAR), today signed cooperative research agreements with the U.S. Department of Energy (DOE) to support continued research and development in the areas of lightweight materials and advanced battery technologies for vehicles. The agreements, which include DOE funding and industry cost share, represent a total investment potential of $195 million over the next five years. Nearly all of the DOE funding will be passed via subcontracts to suppliers and research institutions through the U.S. Advanced Battery Consortium (USABC) and U.S. Automotive Materials Partnership (USAMP), both consortia of the USCAR. Today’s $125 million USABC agreement is set for three years with two, one-year continuing options in which the government and industry will share the costs of research. Combined with a $70 million USAMP agreement for lightweight, high-strength materials research, which was initially announced in May, the total joint investment potential in vehicle technologies is $195 million over the next five years. As part of the USABC agreement, the Department of Energy’s (DOE) FreedomCAR Program will split the cost of research and development for a number of new battery materials and technologies that have […]

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Wainwright Bank & Trust Company Joins Russell Microcap(TM) Index

Wainwright Bank (Nasdaq: WAIN), a commercial bank headquartered in Boston, Massachusetts today announced it joined the Russell Microcap(TM) Index. The index offers portfolio managers and other investors a comprehensive, unbiased barometer to compare their performance against the genuine microcap marketplace of stocks. Wainwright Bank, a commercial bank founded in 1987 with current assets of $725 million, provides financial services to consumers, businesses and nonprofits. The Bank has committed over $400 million in loans for socially responsible community development projects including affordable housing, environmental protection, homeless shelters, HIV/AIDS services, food banks, breast cancer research, immigration services and more. Recent recognition includes being named one of the world’s Top 20 Sustainable Stocks, one of the 11 Best Lenders to Women in the U.S., and one of the Top 10 “Green” Banking Firms in the U.S.

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Weekly Clean Energy Roundup:July 13, 2005

News and Events DOE Awards $26.5 Million to 38 States for Energy Efficiency DOE, HUD, and EPA Form Partnership for Home Energy Efficiency G8 Leaders Commit to Clean Energy Technologies at Summit Mariner Hybrid on Sale as Honda Unveils Improved Hybrid System New National Coalition to Promote Wind Power USDA Begins Process to Designate Preferred Biobased ProductsSite NewsIndustrial Efficiency Alliance Energy ConnectionsU.S. Carbon Dioxide Emissions Increased 1.7 Percent in 2004 News and EventsDOE Awards $26.5 Million to 38 States for Energy EfficiencyDOE announced last week its award of $26.5 million in State Energy Program (SEP) grants to 38 states. The award is part of $44 million to be distributed this fiscal year to the 50 states, the District of Columbia, and five U.S. territories. The SEP grants support and encourage state goals for energy efficiency and renewable energy, including efforts such as energy awareness programs, technical support services for energy efficiency improvements, and projects to install energy efficient and renewable energy technologies. See the DOE press release.On average, every dollar invested by SEP is matched by $3.54 by state and local governments and the private sector, and results in energy savings worth $7.23. Part of DOE’s Office of Energy Efficiency […]

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