I don’t have money burning a hole in my pocket that I can’t wait to get into the stock market, but I do think a well-timed investment in the EV space makes sense. To that end, I’m always looking for publicly traded companies that are about to enter the EV space in a
Rebuild the U.S. manufacturing sector through green technology? If you’re a pessimist, you may immediately respond, “Yeah, tell that to the Chinese”… and use this month’s news of Evergreen Solar moving its factory from Massachusetts to China as evidence. Yes, China’s got a healthy lead on the renewable energy manufacturing front, but all’s not glum on
Big solar news from Illinois last week. The Wanxiang America Corporation held a ribbon cutting ceremony for a new $12.5 million, 40,000 sq ft solar module plant in the town of Rockford. It’s yet another example of how product follows policy and how manufacturing follows markets. It is yet another example of how strong solar programs beget new jobs. And of how the
Last Friday, I joined Obama administration colleagues and business leaders from across the country to participate in a forum on clean energy innovation at the White House. I told the group that the development of clean energy and energy
The relationship between Toyota and Tesla Motors will soon bear fruit. The two companies will be bringing RAV4 EV back from the scrap heap upon which it was tossed in 2003 after only a short time on the market. Tesla Motors will provide the powertrain for the all-electric small SUV.
Toyota made a small ($50 million)
Morgan Solar Inc. will receive a substantial financial contribution from the Ontario government to facilitate the launch of its commercial activities in the province. The young Toronto-based company has developed a unique photovoltaic (PV) panel characterized by its lightness, sturdiness, and unparalleled sunlight-concentrating capacity. With the $1.86 million in funding it received from the government, Morgan Solar will soon begin manufacturing its patented technology for market.
Construction of a new production facility will undoubtedly create many temporary employment opportunities, but
Many are aware of the subsidies, tax credits, and grants available to property owners and utilities to install and utilize alternative energy (i.e., wind, solar, biomass, etc.). Unfortunately, many forget that these technologies need to be manufactured somewhere. The majority of the panels that go into a photovoltaic array and the large blades that make up wind turbines are currently being manufactured overseas, often in China. This directly contradicts President Obama’s plan to spur green job growth with the passage of the Stimulus Bill. Enter the Security in Energy and Manufacturing Act (SEAM Act).
The first regional Wind Energy Conference, sponsored by the Great Lakes Renewable Energy Association, took place in Detroit April 20 and 21. Bringing together for the first time under one roof, the major players from government, utilities, universities, and private enterprise everyone had a chance to focus on what the experts had to say about the state of the art in wind energy production and the role it will play in the transformation of Michigan’s economy.
A highlight of the intensive two-day Michigan Wind Energy summit, Michigan Gov. Jennifer Granholm stated in a keynote speech that the goal of her efforts was to make Michigan the “Saudi Arabia of wind energy.”
In her enthusiastic ‘let’s get serious’ attitude about making change, Gov. Granholm reiterated that no one is hungrier for change and the jobs that ‘going green’ will create than Michigan.
In October 2009, Skyline Solar announced that the company will employ an auto-manufacturing supplier, Cosma International, to manufacture and assemble large portions of its High Gain Solar (HGS) system. Over the past few years, we’ve seen other endeavors meant to stimulate the automobile manufacturing industry while accelerating energy independence. For example, the Cash for Clunkers program, encouraged new purchases of fuel-efficient cars, a way to reduce carbon emissions while stimulating the auto industry.
Another example, the V Vehicles plant in Louisiana, shows how existing factories can be used to generate renewable energy products: An out of operation auto plant in Monroe, Louisiana, will now be used to produce electric vehicles, providing about 1,400 local jobs.
WASHINGTON (Reuters) – Vice President Joe Biden on Wednesday proposed a $5 billion expansion of a clean energy tax credit as the White House unveiled the latest part of its push to tackle double-digit U.S. unemployment.
Senior Obama administration officials said they were confident of getting quick congressional support for the plan, which they expect to generate $15 billion or more in private investment and create tens of thousands of new manufacturing jobs.
It’s good to have friends in high places. The Windy City is privileged to have the support of the man holding the highest office in the land, President Obama, to back a hub-and spoke high speed transit network with Chicago as its epicenter. The wheel sprawls in all directions, covering most of the major cities of the Midwest.
Obama is not the only proponent of the high speed rail in the Midwest. Wisconsin Governor Jim Doyle is firmly behind the proposal. His conviction comes from a fact-finding mission to Spain he undertook this past winter. The Governor traveled on the Spanish high speed rail, the AVE (Alta Velocidad Española), and came back a believer of the system.
Governor Doyle was not only impressed by the comfort and speed of his journey, he saw the potential for jobs to be created in the manufacturing, maintenance and operation of an American high speed rail network running through his state into Chicago and beyond.