A Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already home to its core subsidiary, EnerDel.
The Department of Public Works bought Ford Fusion hybrids after the purchase of Toyota’s a few years ago stirred controversy.
The alternative fuel may soon generate more cash for local firms because it’s much cheaper than gasoline.
The Office of Energy Development is dispensing grants of up to $500,000 to help private- and public-sector organizations convert their vehicles.
An ethanol plant in South Bend is laying off about 25 percent of its employees this summer and the company that owns the plants is up for sale.
Fair Oaks Farms in northwestern Indiana plans by next year to have 42 new delivery trucks running on compressed natural gas created by harnessing microorganisms to turn cows’ manure into biogas.
Current infrastructure for delivering the alternative fuel isn’t adequate to use all that the federal government says must be produced.
Aventine Renewable Energy is ramping up production at an ethanol plant in southwestern Indiana that is now operating after construction work was halted for more than a year.
Xylogenics claims its yeast strain, developed at the Indiana University School of Medicine, can increase yields and lower
costs of producing corn ethanol.
National Biofuels Distribution LLC, a subsidiary of Carmel-based Telamon Corp., signs two distribution contracts to expand
its distribution reach. The company began marketing its ethanol-based racing fuel, Ignite, about a year ago.
Poet LLC plans to reopen the former Altra Biofuels plant in nine months, creating as many as 45 jobs.
A Purdue University-based company has reached a deal giving Chinese and Danish firms access to a patented product that makes
it easier to turn wood chips, grasses and other agricultural wastes into ethanol.
City will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
Carmel-based Telamon Corp. rose to become one of the largest minority-owned businesses in the area largely by serving telecommunications giants. Now it is veering off its traditional course to supply racing teams with an ethanol-based fuel made from Indiana corn.
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, has named a new president, the company announced
today.
Carbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant
from the federal government.
Hoping to spur alternative vehicles, lawmakers want to double the size of tax breaks on cars that run on natural gas. That
could be good news for Indiana, where Honda Motor Corp. produces the natural-gas-powered Civic GX in Greensburg.
Indianapolis Mayor Greg Ballard and other city officials will travel to Brazil in May to explore renewable-energy production,
in hopes of making the city a leader in the technology.
