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25 bidders for A123 include Siemens, NEC, Wanxiang & Johnson Controls
About 25 parties interested in A123 assets are under confidentiality agreements, Timothy Pohl, a managing director of Lazard Ltd., told the court. Siemens AG and NEC Corp. are among companies...
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A123 creditors engage Lobbyists to secure sale to Wanxiang
The bankrupt electric car battery manufacturer A123 Systems Inc. is looking to hire a lobbying firm to protect the company’s sale to China’s Wanxiang Group, according to Dow Jones .
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NAATBatt on A123 and Wanxiang: Importance of scientists, engineers and...
The most important assets of the United States in advanced battery technology are not a couple of factories in Michigan. Our most important assets are ... our top scientists, engineers and entrepreneurs.
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Energy Storage: Q4 Winners/Losers (several brief analyses of companies)
A quick summary table and assessment of the relative accuracy of my Q3 calls, and then turn my attention to Q4, which is shaping up as a time of bright opportunity for some companies and continuing...
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Navitas buys A123's U.S. government and military business
Navitas Systems announced that the United States Bankruptcy Court for the District of Delaware has approved the sale of A123 Systems’ Ann Arbor-based government business, including all U.S. military...
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Opinion: Upcoming Massive Glut of Li-ion Batteries
Lux forecasts a catastrophic supply and demand imbalance in the lithium-ion battery sector over the next decade … The Lux forecast is bad news for diversified first tier manufacturers like LG Chem, GS...
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DoE plans $250M for EV battery hub in Michigan
The Energy Department is expected to announce today a $120 million Manhattan Project-style effort to develop advanced low-cost batteries that can make electric vehicles affordable.
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Johnson Controls promotes two executives
Johnson Controls named Alex Molinaroli, president of the company's power solutions business. Brian Kesseler, power solutions chief operating officer, takes over for Molinaroli as president of that...
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MI Sen. Stabenow's Li-ion Battery Subsidy Bill Advances
The Senate Committee on Energy and Natural Resources decided nearly unanimously to advance the legislation that aims to boost manufacturing for advanced batteries and other alternative vehicle...
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Report: Advanced Lead-Acid Batteries
Reportlinker.com announces a new market research report: "Enhanced Flooded, Valve-Regulated, Lead-Carbon, and UltraBatteries for Motive, Transportation, and Stationary Applications: Global Market...
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Johnson Controls Survey: Commercial Buildings Energy Management
Highlights ... double-digit increase in U.S./Canada building owners who believe energy management is important (66%) compared to the prior year (52%). Building owners expect lighting and smart building...
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Stock Review and Analysis: Energy Storage – Q2 2012
Q2 price performance and analysis for energy storage and vehicle electrification sectors companies.
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45-day review period of A123 sale begins
A 45-day U.S. government review period that could block the sale of A123 Systems to a Chinese firm begins Thursday (12/13).
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U.S. paid A123 $1M the day it filed for bankruptcy
A123 Systems received nearly $1M on the day it filed for bankruptcy, the company told lawmakers investigating its government grant.
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Wanxiang Won't Gut A123 - Wall Street Journal
Wanxiang America Corp., the Chinese-owned auto parts company looking to acquire assets of A123 Systems in bankruptcy court, said it would employ the firm's U.S. workers and plants if its bid is...
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Johnson Controls Hits Record Growth: Building Efficiency, Batteries
Sales will expand by about 10 percent next year in its Building Efficiency unit, spurred by accelerating spending on retrofits and efficiency upgrades. Likely to expand faster still is the Power...
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The A123 End Game
The maneuverings in bankruptcy court occur against a backdrop of harsh criticism in the media and in Congress. The criticism includes accusations that A123’s bankruptcy signals the failure of...
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Grid-scale Energy Storage: Lux Predicts $113.5 Billion in Global Demand by 2017
Last month Lux Research released a bottom-up evaluation of the cost effectiveness of eight energy storage technologies in six grid-scale applications throughout 44 countries, including all 50 U.S....
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Why Johnson Controls demurred to Wanxiang on A123 loan
Auto-parts maker Johnson Controls is stepping away from its position as the debtor-in-possession lender during the bankruptcy process for battery maker A123 Systems in order to prevent delays. The...
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U.S. Clean Energy Investments in 2011 (good overview)
Figures from Bloomberg New Energy Finance recently reported that the US was considered to have the highest level of investment in clean energy in the world during 2011. Bloomberg estimates that the...
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