GM in Fuel Cell Deal with Energy Dept.
DETROIT, MICHIGAN - General Motors Corp. said it signed an $88 million deal with the U.S. Department of Energy to build a fleet of 40 hydrogen fuel cell vehicles and further develop the technology.
Under the five-year program, the world's largest automaker will spend $44 million to deploy fuel cell demonstration vehicles in Washington D.C., New York, California and Michigan.
The Department of Energy will contribute the other half of the investment in the program, under an agreement that expires in September 2009.
In a separate commercial agreement, Shell Hydrogen, LLC will support GM by setting up five hydrogen refueling stations in Washington, D.C., New York City, between Washington D.C. and New York and in California.
Other program partners include the U.S. Army at Ft. Belvoir, Virginia, and Quantum Technologies in Lake Forest, California. Both will provide facilities for GM to store and maintain fuel cell vehicles.
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Independent power project announced by B.C. Hydro now in limbo
VANCOUVER - A small run-of-river hydroelectric project recently selected by B.C. Hydro for a power purchase agreement may no longer be financially viable.
The Siwash Creek project was originally conceived as a two-megawatt power plant by the original proponent Chad Peterson, who holds a 50-per-cent stake through Green Valley Power, with the Kanaka Bar Indian Band holding the other half.
The partners were asked by B.C. Hydro to trim the capacity back to one megawatt, but by the time the Crown corporation announced its approval, it agreed to only half that — 500 kilowatts — under its Standing Order clean-energy program.
“Hydro wanted…
