Washington, DC – U.S. Department of Energy Secretary Steven Chu today announced U.S. DRIVE, a cooperative partnership with industry to accelerate the development of clean, advanced, energy-efficient technologies for cars and light trucks and the infrastructure needed to support their widespread use. This partnership is part of DOE’s broad strategy to expand the availability of advanced vehicles to American families to help protect them from future spikes in gas prices and reduce our nation’s reliance on imported oil. Formerly known as the FreedomCAR and Fuel Partnership, U.S. DRIVE – Driving Research and Innovation for Vehicle efficiency and Energy sustainability – brings together top technical experts from DOE, the national laboratories, and industry partners to identify critical research and development (R&D) needs, develop technical targets and strategic roadmaps, and evaluate R&D progress on a broad range of advanced vehicle and energy infrastructure technologies.
“Government-industry partnerships like U.S. DRIVE can quicken the pace at which affordable, fuel-efficient vehicles reach and succeed in the commercial market,” said U.S. Department of Energy Secretary Steven Chu. “By bringing together the best and brightest in government and the automobile, electric utility, and fuels industries, we can develop promising, innovative technologies that move rapidly from the lab into cars on the road, along with the infrastructure to support them.”
Today’s announcement of U.S. DRIVE marks the addition of two new members that bring additional focus on electric-drive vehicle technologies to the partnership. The Electric Power Research Institute and Tesla Motors will join DOE and long-standing industry partners that have renewed their strong commitments to collaborative, pre-competitive R&D.
via Department of Energy.
- World’s Largest Oregon Wind Farm: Google is investing $100 million in the world’s largest wind farm, the 845 MW Shepherds Flat project under construction in Oregon.
- North Dakota Wind Farm: Google is investing $38.8 million into 169.5 megawatts worth of wind projects developed by NextEra Energy Resources in North Dakota.
- East Coast Wind Farm Backbone: Google has invested part of the fund for an east coast transmission line that is meant to link offshore wind farms, and which recently got an approved rate of return for the project at 12.59 percent.
- Wind Power from Iowa Wind Farm: Google’s first deal for its subsidiary Google Energy — which can buy and sell power on the wholesale electricity markets — plans to buy wind power from 114 MW of wind energy via a wind farm in Iowa owned by NextEra Energy Resources.
- Wind Power from Oklahoma Wind Farm: Google’s second deal via its subsidiary Google Energy is to buy 100 MW of power from a wind farm that’s under construction in Oklahoma by NextEra Energy Resources.
- BrightSource’s Solar Thermal Project: Google plans to invest $168 million into a solar thermal project being built by startup BrightSource Energy in California’s Mojave Desert.
- Solar German Project: Google is investing €3.5 million ($5 million USD) into a solar photovoltaic farm in Brandenburg an der Havel, Germany, which is near Berlin.
- Greentech Startups (these are small investments): Google (through a combo of Google Ventures and Google.org) has invested in at least nine “greentech” startups, including battery maker ActaCell, electric vehicle maker Aptera, efficient car maker Next Autoworks, geothermal company Alta Rock, neighbor-to-neighbor car sharing company RelayRides, weather insurance company WeatherBill, smart grid company Silver Spring Networks, biofuel maker Cool Planet Biofuels, and efficient power gear conversion tech startup Transphorm.
For More: Google Has Now Invested Over $400M In Clean Power: Cleantech News and Analysis «.