The fate of Fisker Automotive has been hanging for months, but now an offer for the company has been “signed” and is “on the table.”
Electric car manufacturer Tesla’s stock jumped in after-hours trading today after the company announced the first quarterly profit in the its 10-year history and record sales of over half a billion dollars in the first quarter of 2013.
Editor’s Pick “Fisker spent a stunning $900,000 for each vehicle it produced,” PrivCo chief executive Sam Hamadeh told me. “Then they sold them to dealers for an invoice price of just $70,000.”
Here’s some of the latest action we’re following on the GreenBeat today:
The U.S. Department of Energy announced today that it has earmarked $120 million to be divided among about 120 organizations working to weatherize buildings for greater energy efficiency. The grant money will be distributed under the banner of its Weatherization Assistance Program, which has already retrofitted thousands of homes across the country.
The U.S. Department of Energy seems undeterred by speculation that Republican gains in the mid-term elections this year will put the damper on its cleantech loan and grant initiatives — either that, or it’s trying to have as much impact as possible while it still can. Today, it announced a $102 million loan guarantee to U.S. Geothermal, Inc., and another $612 million for carbon capture projects.
The Energy Star program has successfully broken into the mainstream consciousness. Most consumers know what the logo looks like, and even make an effort to only buy appliances and other devices that are Energy Star-certified for energy efficiency. But before last year, it seems like the label didn’t mean much.