Renault will receive 20.5 million euros (US$27.9 million) from the European Commission to develop diesel-hybrid powertrains for commercial vans, as the EC broadens its search for ways to cut emissions throughout the continent.
Those who were worried that the U.S. government was picking winners by only spending $2.4 billion on batteries should be pleased with this: Energy Secretary Steven Chu has announced $347 additional million from the American Recovery and Reinvestment Act to an assorted array of projects that aim to provide energy security for the U.S. The projects cover smart grid work, supercomputing, genomics related to bio-energy, materials science, fusion energy, integrated climate research and smart grid tec
The U.S. Department of Energy has dug into its coffers once again for alternative energy research, this time putting up to $385 million forward to fund six cellulosic ethanol over the next four years. DOE Secretary Samuel W. Bodman made the announcement, going on to say that when fully operational, the six biorefineries will produce more than 130 million gallons / 492 million litres of ethanol per year. The funding is part of President Bush's Twenty in Ten Initiative which aims to reduce America