SAN FRANCISCO - CleanPath announced the close of an equity and credit facility to invest in the development and construction of large-scale solar PV projects in North America. CleanPath will manage two revolving facilities to invest over $800 million into 1,000 plus megawatts in large-scale solar PV projects over the next 60 months. Founded by
WASHINGTON- The Senate voted Thursday to repeal a $6 billion tax credit for ethanol producers, a move that could signal the end of some federal subsidies as part of an eventual budget and debt-ceiling compromise. Most Democrats and a number of Republicans supported an end to the subsidy, in a 73-27 vote. The subsidy gives
LANSING - Frank Van Kempen didn't come to the House Agriculture Committee Wednesday looking for a government handout to help him grow his ethanol-producing enterprise. The West Michigan entrepreneur is confident it will thrive on its own, and pay for itself, with the help of legislation allowing farmers to use his patented fermentation process without
DEARBORN ? Ford is offering the public a comprehensive look at the company's progress on environmental and social issues with the release of its 12th annual Sustainability Report. The 2010/2011 report, titled "Blueprint for Sustainability: Driving Change," provides updates on the company's progress in key areas of operations, product enhancements on vehicle safety and societal
OAK PARK ? Azure Dynamics, which makes hybrid electric truck powertrains, continues to lose money, but also is posting record orders in the first quarter ended March 31. The company?s first quarter revenue was just $1.4 million, down from $2.8 million a year earlier. And its loss jumped to $9.1 million or 1 cent a
LANSING - Michigan Biotechnology Institute was selected for up to $4.3 million from the federal government to improve pre-treatment processes in biofuels development. The award is part of up to $36 million from the Obama Administration that will advance the technology improvements and process integration needed to produce drop-in advanced biofuels and other valuable bio-based
DEARBORN - Ford has announced that they're joining the ranks of automakers producing an eight-speed transmission, and they've also announced production of an electronic continuously variable transmission for hybrid vehicles. Both transmissions are Ford-designed and Ford-built, unlike some transmission offerings from Ford today. The Car Connection.Com reports Ford already has the distinction of offering more
LANSING - The Michigan Saves Home Energy Loan Program will be able to offer loans up to $20,000 beginning June 1 under an order approved by the Public Service Commission on Thursday. The program, currently limited to loans between $1,000 and $12,500, provides low-interest notes through participating lenders to assist homeowners with energy efficiency upgrades.
OAK PARK - Azure Dynamics Corp., a developer of hybrid and electric truck powertrains, said it sold 27 Ford Transit Connect Electric vans. Included were a five unit sale to returning customer FedEx Express, a four unit sale to the City of Toronto, a three unit sale to DTE Energy, and 15 unit sales to
LANSING - There are three major problems in Michigan and labor and environmental activists united Wednesday to back environmentally friendly jobs as a way to solve all three issues at once, said officials with the BlueGreen Alliance at a news conference Wednesday. "There are three crises in Michigan," said Mark Schauer, a former U.S. House