Going Under

Electric car company fails to receive 90 percent of claim against battery manufacturer
AP

Electric car manufacturer Fisker Automotive received a fraction of what it sought in a lawsuit against its former battery manufacturer in a settlement in a Delaware court on Wednesday, the Associated Press reported.

The Solar Panel Domino Effect

Bankruptcy of mirror manufacturer may disrupt government solar projects
Flabeg.com

A mirror manufacturer for solar energy projects that has received financial help from the federal government has gone bankrupt, a development that could affect current solar projects that have also received help from the federal government.

Red Light

GOP considering fight against new Obama green energy subsidies
Obama greets LG Chem workers / AP

Republicans are considering a new push against what they say are wasteful “green” subsidies in light of news that a recipient of a major stimulus grant for electric vehicle batteries paid workers to watch movies and play games while failing to produce a single battery.

A123 Sale Approved

Chinese firm buys bankrupt DOE-grant recipient, reportedly looking at Fisker
A123 battery pack (AP)

The sale of bankrupt electric-car battery maker A123 to Chinese firm Wanxiang America has been approved by the necessary interagency panel.