Comments on: Battery Grant Winners!: A123Systems Rakes in $249M

By: Latest Battery Startup Shutdown: Firefly Energy

Latest Battery Startup Shutdown: Firefly Energy — Mon, 15 Mar 2010 19:22:33 +0000

[...] stimulus-funded battery grant program would seem to be a better fit for battery developers, but larger, more established firms have won the bulk of awards under that initiative (reflecting the program’s goal of getting technology into large-scale production within two [...]

By: LG Chem to Build $303M Volt Battery Plant in Holland, Mich.

LG Chem to Build $303M Volt Battery Plant in Holland, Mich. — Fri, 12 Mar 2010 18:39:33 +0000

[...] Chem plans to finance the project with a $151.4 million grant awarded by the Department of Energy last summer. That battery grant program requires winners to share at least half the project costs, and LG Chem [...]

By: A123Systems: “Record Year,” But Tests of Scaling & Profit Lie Ahead

Wed, 10 Mar 2010 19:24:53 +0000

[...] best year yet in its 8-year history in terms of revenue, an IPO and government funding: The company scored a coveted $249 million government grant and its $371 million initial public offering in September was the biggest IPO of the year. CEO [...]

By: A123Systems Links With Fisker: $23M and Battery Deal

A123Systems Links With Fisker: $23M and Battery Deal — Thu, 14 Jan 2010 17:36:47 +0000

[...] raked in more than $249 million under the Department of Energy’s battery grant program last summer to help it set up [...]

By: EnerDel Scales Back Battery Plant Plans

EnerDel Scales Back Battery Plant Plans — Mon, 04 Jan 2010 18:51:17 +0000

[...] while EnerDel snagged a $118.5 million grant that will go toward work at the Indianapolis plant under a separate DOE program — the green [...]

By: A123Systems Cozies Up to China’s SAIC for Battery Joint Venture

A123Systems Cozies Up to China’s SAIC for Battery Joint Venture — Thu, 17 Dec 2009 18:01:41 +0000

[...] the Massachusetts-based battery maker that snagged a big Department of Energy grant and pulled off a successful IPO earlier this year, has just announced a new joint venture in China. [...]

By: Innovation in Manufacturing: A123Systems, Amprius Score Funds from Feds

Innovation in Manufacturing: A123Systems, Amprius Score Funds from Feds — Wed, 16 Dec 2009 19:24:17 +0000

[...] in awards under the Department of Energy’s high-risk energy research fund and $2.4 billion battery manufacturing program, a third government funding opportunity designed to help small and medium-sized businesses develop [...]

By: The Price of a Stimulus Award, Courtesy of ECOtality

The Price of a Stimulus Award, Courtesy of ECOtality — Fri, 20 Nov 2009 20:13:51 +0000

[...] DOE grant this summer, allocated under the battery funding program created as part of the stimulus package, came toward the end of a somewhat grim period for [...]

By: grupa jurgena

grupa jurgena — Sun, 08 Nov 2009 19:21:53 +0000

We need you grieve, all invest in developing batteries wonderfully amazing money that started the work on the development of batteries but in our opinion, this is not the industry spin batteries, the batteries do not play a great role in the automotive industry. Many companies are concerned they will lose millions on the development of not reaching the goal. These development facilities, called Leonardo da Vinci, how different type of research that could move the oil from the batteries and electric cars, many institutes said that new technologies must be born only in the institutes. Gentlemen, we are talking or not mierzycie too high in their opinions, many of you would like to be on the desks of those plans already with this name. Can you afford to give stock to these groups for the good climate and the future of us? Think about whether the money is not spent now to develop a new direction, it is only three months to clarify whether the world is doing in the shift towards a new energy? Whether it is the Battery? Do you want to spend the money figures for the last dollar and they may fear losing their jobs and can no longer would have to be all of us begin to return to work? Was this article is worth the support we, 1 to 100% of the Leonardo da Vinci, change the world?

By: A123Systems Vyes For Biz in Japan With Its Lithium-ion Batteries

A123Systems Vyes For Biz in Japan With Its Lithium-ion Batteries — Wed, 28 Oct 2009 18:12:49 +0000

[...] in the cleantech IPO drought last month with its initial public offering, shortly after raking in $249 million in federal grants, is now heading to Japan. The company announced a deal this morning with IHI Corp for the [...]

By: Cleantech’s Real Dirty Secret: It’s Not Computing

Cleantech’s Real Dirty Secret: It’s Not Computing — Fri, 09 Oct 2009 17:03:15 +0000

[...] the problem. They point out that only one of the companies awarded funds in the first round of the advanced battery grant program was an innovative startup (both A123Systems and EnerG2 got [...]

By: Beyond the Stimulus: Untapped Resources for Startups, VCs

Beyond the Stimulus: Untapped Resources for Startups, VCs — Fri, 25 Sep 2009 18:50:25 +0000

[...] based in Massachusetts (which went public on Thursday) snagged one of the largest grants in the first round of funds allocated under the Department of Energy’s highly competitive battery manufacturing program, [...]

By: A123 Bringing Sexy Back to Cleantech IPOs?

A123 Bringing Sexy Back to Cleantech IPOs? — Wed, 23 Sep 2009 15:17:05 +0000

[...] from the offering. It’ll need the money to fund its big manufacturing plans, even with all the help from the Department of Energy. The company also could use some of the money to buy other companies, assets or technologies to [...]

By: A123Systems Zeroes In On IPO, Sets Terms Finally

A123Systems Zeroes In On IPO, Sets Terms Finally — Wed, 09 Sep 2009 17:27:09 +0000

[...] A123 has yet to turn a profit, the company has been in the money this summer, snagging a whopping $249 million grant from the Department of Energy last month to help it carry out a plan for setting up commercial [...]

By: Electric Vehicle Powerhouse: BorgWarner, UQM Team Up

Electric Vehicle Powerhouse: BorgWarner, UQM Team Up — Thu, 03 Sep 2009 18:26:02 +0000

[...] and BorgWarner, by contrast, are both based in the U.S. Colorado-based UQM, which won a $45.1 million grant from the Department of Energy in the recent round of stimulus funding awards for battery manufacturing, is already a major player in the electric [...]

By: CFX Battery Ups Funding to $20M, Seeks to Double Investment

CFX Battery Ups Funding to $20M, Seeks to Double Investment — Fri, 28 Aug 2009 18:29:32 +0000

[...] are raking it this summer — and not just from the government. With the first major round of stimulus awards for plug-in vehicle batteries less than a month behind us, startup CFX Battery has secured the first [...]