HVIP: California Hybrid Truck and Bus Voucher Incentive Project
In an effort to help speed up the early market introduction of clean, low-carbon hybrid and electric trucks and buses in California, the FY 2010-2011 California Hybrid Truck and Bus Voucher Incentive Project (HVIP) went into effect for the State of California in February 2011. Utilizing AB 118 Air Quality Improvement Funding, HVIP provides a unique and streamlined process to assist in accelerating the early market introduction of clean, low-carbon hybrid and electric fleets throughout the state. The program incentivizes any public or private fleet with vehicles that are registered in California to migrate from ICE (Internal Combustion Engine) vehicles to electric and hybrid models. It could help deploy up to 800 vehicles in any one year, potentially growing the nation’s early market hybrid truck volumes by 50%, and will cut down on the high incremental cost of these new vehicles in these early market years, when production volumes are still low. There is still over $11 million in funding left.
Join us for this online meeting December 7th, as we discuss the program in depth and what we can expect in 2012. We will cover:
HVIP Overview
Summary of Program and History of Voucher Disbursements
Voucher Amounts
Types of Fleets Utilizing HVIP
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Clean-Energy Funding to Drop After Obama Grant Program Ends
Nov. 30 (Bloomberg) -- U.S. financing for renewable energy will drop next year after the expiration of a grant program that backed at least $32.9 billion in projects, one of President Barack Obama’s most ambitious efforts to support the industry.
The program, which ends Dec. 31, encouraged companies including Google Inc. and Citigroup Inc. to take equity stakes in wind and solar projects. It paid out $3.3 billion last year, about a 10th of the $34 billion invested in clean energy in the U.S., and provided $9.6 billion since 2009.
Congressional leaders have given no indication they’re weighing renewal of the grants as the government faces budget cuts and lawmakers probe clean-energy subsidies, including a $535 million loan guarantee for failed solar manufacturer Solyndra LLC. The U.S. aid supported projects by developers such as NRG Energy Inc. and Noble Environmental Power Inc.
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Solar panel makers reject US complaints
BEIJING - Fourteen Chinese solar panel producers on Tuesday jointly rejected anti-dumping and anti-subsidy complaints filed by some US manufacturers, calling for the US side to abandon "political and emotional interference" while conducting its investigation into Chinese solar firms.
"The success of China's photovoltaic (PV) industry in the US lies in the advantages it has gained through technological innovation and benefit of scale," Wang Guiqing, vice president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, said on behalf of Chinese firms in a press release.
Upon an appeal filed by SolarWorld Industries America and six other undisclosed firms, the US Department of Commerce (DOC) said on Nov 8 that it would conduct an investigation to determine whether Chinese firms have been selling solar panels in the United States at unfair discounts and receiving illegal government subsidies.
The 14 PV companies, including Suntech Power and Yingli Green Energy, who have decided to jointly raise plea in response to US probe, also rejected allegations that they have been receiving illegal government subsidies.
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