Li-ion battery manufacturer A123 Systems will supply six Grid Battery Systems (GBSs) to Northern Powergrid, an electricity distribution network operator that delivers...
Articles from 2.13.2012
Obama budget would cut $40 billion in fossil-fuel credits
President Barack Obama, who pledged an “all of the above” energy strategy that included fossil fuels, renewed his proposal to cut more than $40 billion in tax breaks for...
Obama's budget doubles down on renewable energy
President Obama’s fiscal 2013 budget request doubles down on renewable energy amid growing Republican attacks on the administration’s green agenda.The budget request,...
Airlines urge U.N. deal to avert carbon trade war
SINGAPORE (Reuters) - Global airlines called on Sunday for a U.N.-brokered deal to prevent a row over aviation emissions between China and the European Union spilling into...
Chu: Expect more recipients of loan guarantee to fail
Energy Secretary Steven Chu again warned Friday that more recipients of Energy Department green technology loan guarantees will likely collapse even as he touted the...
Amyris gives up making biofuels
In its early years, biotech company Amyris described itself as a start-up “applying its proprietary breakthrough technologies to address major global health and energy...
White House budget to expand clean-energy programs through Pentagon
The White House believes it has figured out how to get more money for clean-energy programs touted by President Obama without having it become political roadkill in the...
New vehicles 14% more fuel efficient than four years ago
In the past four years, the fuel economy of new vehicles has improved by an average of 14 percent, according to a new study by the University of Michigan.
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Johnson Controls appeals Wanxang's A123 purchase
Chinese company Wanxiang won the bankruptcy court sale for $256 million on December 11 and, today, Johnson Controls has filed an appeal against the sale because it...
A123 expects Q1 loss of $125M on revenues of $10.9M
In conjunction with a notification of late filing for its quarterly report with the Securities and Exchange Commission, Li-ion battery manufacturer A123 Systems provided...
Faulty battery packs will cost A123 $55 million
The bad news continues for A123 Systems. The company announced this morning that a defect in some of its battery cells could affect all of the battery packs produced by...
Batteries to rival gas peaker plants by 2016, A123 CEO says
Falling prices for lithium-ion batteries will make power-storage systems competitive with natural gas as a source of electricity during periods of high demand by 2016,...
Fisker's woes put A123 at risk
After failing to meet the milestones required by a loan agreement with the U.S. Department of Energy, Fisker Automotive, a startup making high-end hybrid electric cars,...
A123 will supply battery packs for BMW hybrids
Lithium-ion battery-pack maker A123 Systems, whose customers include General Motors, Fisker and ALTe, will make battery packs for two new BMW hybrid vehicles this year....
A123 “temporarily” lays off 125 in Michigan
Thanksgiving didn't have much to offer by way of thanks for about 125 employees of A123 who were laid off from the lithium-ion battery maker's Livonia and...
EV battery maker A123 Systems lowers forecast, blames Fisker
Late-to-the-EV-party Fisker Automotive may be dragging down suppliers with its tardiness. A123 Systems lowered its 2011 revenue forecast due to reduced orders, and...
Batteries on WV wind farm help control power output
ELKINS, W.Va. — Another wind farm opened on another windy ridge in West Virginia this week, 61 turbines stretched across 12 miles, generating up to 98 megawatts of...
A123 to supply batteries for all-electric Chevy Spark
The courtship between A123 Systems and GM didn’t really work out before, but the two are giving it another try. GM on Wednesday named the lithium-ion battery maker as the...
Tesla says Model S battery plan will be profitable from lower sales than Leaf
Tesla Motors Inc., the electric carmaker backed by Toyota Motor Corp., said cheaper batteries will make its Model S sedan profitable with much lower sales than Nissan...
A123 Systems Opens Li-ion Automotive Battery Manufacturing Plant in Michigan
A123 Systems announced the grand opening of the largest lithium ion automotive battery production facility in North America, which it calls the largest, based on available...
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