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Car-B-Q Part 4: Tesla Plant Fire Sparks Stock Stumble - Live Feed
At first it was the cars, now it is Tesla's Fremont, California plant that has caught fire... according to local newsfire trucks and an ambulance are on scene.
- *TESLA SAYS FAILURE IN A LOW PRESSURE ALUMINUM CASTING PRESS
- *TESLA SAYS THREE EMPLOYEES INJURED BY HOT METAL
From ABC:
#BREAKING: The Fremont Fire Department is responding to a report of a fire at the Tesla plant in Fremont. Details to follow.
— ABC7 News (@abc7newsBayArea) November 13, 2013
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should be good for +7 ES handles
MSM Spin: This is simply a sign of just how HOT Tesla stock is!
Spontaneous combustion, Bitchez!
Peak Musk!
Ummm... am I the only one to smell a rat here?
Tesla had essentially fuck all problems for rather a long time, and then suddenly 4 incidents in a row. That does not compute, statistically speaking that is.
No, I don't have a vested interest in Tesla. I just find this extremely convenient to the "old guard".
This used to happen to Italian businesses where I grew up. Funny, it only happened in the struggling ones.
pods
I was really just wanting to collect on the insurance of a deal gone bad some years ago, we put the pedal to the metal and she blew, now it's time for profits, gvt style......Said the president of Tesla.
Most boring live news feed ever. What is that, a traffic cam shot? I was expecting billowing smoke or a giant fire ball. Where's the fire engines and ambulances? Frankly, looks like NOTHING wrong with the place at all.
God have mercy on those whose commute on the 880. Usually 100% clogged, today 1,000,000% clogged?
TSLA has jumped the campfire...almost
Anyone else taking profits on Facebook stock..???
$48.80 right now.
Yowser...
That's only a PE ratio of 113 (as teenagers log off). So that's technically a BARGAIN! Right up there with Twitter and LinkedIn. As Krugman would say, Amazon have a PE ratio of 1271, so Facebook has plenty of runway.
(If there is a ponzi scheme, then that's where the action is!)
car-b-q? tasteful
Yeah, in South Florida we call it "Italian Lightning" or "Jewish Lightning"...there is an old joke; Two Jewish guys see each other on the street:
Sy: Mortimer! How are you? I was so sorry to hear that your business burned down!
Mortimer: SSSSSSHHHHUUSSSH..Tuesday, Tuesday.
No, the two met while they were holidaying in some exotic location. One says, "Yeah, my business burnt down and I collected the insurance money". The second one says, "Wow! My business was destroyed by a large flood that took out half the town and I collected the insurance money.
Then the first guy looks all confused and asks, "How do you start a flood?"
Funny that happens in Italy too ?
My accountant calls them Yiddish Stocktakings.
LOL, I know what you're talking about. I heard it referred to as a certain type of "lightening"
Is that you John DeLorean? Is this me?
John D was a visionary who drafted and developed his own machining process. Johnny's problem was an ego and a coke habit. Lose the coke and give him Jaguar (like the plan intended) it he would have likely been another Lotus or Spiker with a great F1/LeMans group.
Elon hired Aston Martin to make the car for him, then fired them when he told them that he wanted to make a cross platform for a 40,000 model. Ever since that month, and his wine & dine of the EIA the Tesla has been one of the best inside jokes of the auto industry. It's like the Blackberry circa 2011 for Telecom. It is not when or how, but 'I can't believe this guy digging himself a hole'.
If you see his Hyperloop & engineering talks, it is clear this guy did not graduate in Systems Engineering or even in the top of his class in Mech Eng. If his understand of Cornot heat diagrams is best showcased by the Hyperloop friction math, then I can totally see how the elec eng teams snuck all sorts of overloaded shorts through him & his cotire of yes-men.
Yeah Elon is one of the Jews that drinks his own KOOL-Aid and thinks he is God's gift to the world. What gets me is that Jews always say how wonderful they are to the economy and then I look at country's a fraction the size of the US with a fraction of the population and no Jews, like Germany and Japan, who are just great innovators and manufacturers without all the Jewish help.
Another thing is the media hype from fellow Jews controlling media outlets. One this most people dont know is that a German Mathematician by the name of HILBERT published the equations of the Theory of Relativity five days before Einstein published his results as notes not even a full article. Hilbert wrote a full article, not just some notes. The Jews learned their science from the Germans in Vienna and Berlin, and they even copied the German language and called it Yiddish, I mean come on guys lets be a little original. If it wasnt for the Germans and their culture the Jews would still be playing a fiddle on the roof and engaging in black market activity only.
Oh and check out this coincidence, Einstein attended HILBERT's talks and closely followed his work and theories. I tell you these Jews have Chutzpah. You know you have the Great Works of the Ancient Greeks, Arab mathematicians, then French, British and German scientists and mathematicians, and the Jews figure they just have to get in on the action. As with making money its all about the HYPE.
Quality problems...
Jewish Lightning.
You know, it just occured to me how many similarities there are between Eike Batista and Elon Musk
1. Heavy dependance on gov. backdoor subsidies
2. Nebulous product promotions, lots of hype. Gets their back up when anyone actually requests or questions their 'Vision'
3. Built their empires on stupid amounts of debt & promote, zilch earnings growth or serious restructurings required for 'Vision' to come back to reality
4. Both burning cash and stock like mad to cash out early (see Elon's Bel Air house purchase, recent transfer of TSLA profits to 33c trust funds for his divorced children to protect them from scrutiny, massive big ticket private jet rides with celebs, partying like a rock star at the Halloween Playboy party).
5. As the interest rate starts creeping up, their collateral is drying up fast, just around the same time all the questions start to become convictions:
ex: In Eikie's case it was faulty geology, a sudden exodus of geophysicsts, partners seeking MAC clause opinions, payable delays. In Elons' case it's missed deliveries, boomerang customers, production delays, faulty engineering to rush the product launch, a sudden exodus of electrical engineers & stock option dumping.
See a trend ?
I'm willing to bet those friends of the DNC party who got in at the 10/sh round, you know... all Obama's key bundlers like Madonna, Wintour, Bono are all in the process of getting the hell out of Elon's sinking ship, just in time for the Gov. led restructuring & sale to GM sometime around 2017.
Musk is a clown. But Wall Street loves clowns.
I think i want to grow a neck beard like Elon. What a fashion statement. Making your head look like a tiny pud growing out of your shoulders.
Tesla will make the most Shorted List soon. Then ES to 1850.00. Stat!
Never left the short list, borrowing cost went down when players shifted to puts but the stock moves only on squeeze trades from XWAP algos.
ah typical the link wont work....probably waiting for market close
Bang Dat Close!!
Does anyone else get the feeling there is a concentrated effort by the media and TPTB to discredit and destroy tesla, and the electric car (again)?
Physics and economics already did that during the Big Bang...
"I suppose Mr. Bond has been explaining to you his Big Bang" theory."
Every single time I see this accusation, I'm simply stunned that anyone would make it.
Tesla (like most "green" companies) is a SCAM!
Things that would not exist without Uncle Sugar (carbon credits, anyone?) rarely ever turn out as advertised, or else they would've already been done by true entrepreneurs.
It's all about Rent Seeking 101, "Gettin' paid and gettin' laid!"
Man, you just can't buy this kind of press...
Any media coverage is good coverage, right?
DaddyO
Thats hot, and bullish....apparently.
The stock is up 1%.
call mary jo. she loves BBQ http://hedge.ly/19hEvMq
call mary jo. she loves BBQ http://hedge.ly/19hEvMq
That raging fire is acting like O'care website. Just ain't doing it right.
Now we know why Musk decided not to do a recall on the 'Model S'.
Musk says no recall after Tesla Model S fires - Autoweek
The risk of reaching critical mass from all those recalled cars being too close together was too high?
If you can't even get them off the assembly line before they catch fire, that's a problem.
Say what you will about these things, but about ten winters from now, we will all be looking for one to cook our meals over.
You do realize that unless we can make electric work we are fucking hosed....
It should be starting to dawn on people that it isn;t going to be a given that we can....
It will work, and the adoption will increase, when the gun goes against the head.
But obviously, with the "discovery of many times Saudi Arabia in Australia we will never run out of oil" meme doing the rounds (ignoring that recoverable was in the low billions, and extraction rate would not exactly rival that of SA), it's back to driving Mercs and Hummers again.
we can just start drilling on titan and solve our energy problems for good.
It's "cost prohibitive" though. So we'll all just not work together and die painfully at one another hands as the oil withdrawals start.
It's cheaper just to have a population crunch because we're useless eaters in the eyes of the societal architects.
Fun times.
I propose the USN Hope & Change. the planet's first interplanetary supertanker. it can be made out of recycled smartphones, vehicles, soda/beer cans/bottles and dildos.
There is no way they can scale up electric for mass consumption. At least not using lithium batteries.
pods
The electricity grid, as it currently stands, can deliver about 12% of our total energy needs if memory serves me right. So, no, you're right. But you don't necessarily need to deliver said energy to the household.
Battery technology is one of those areas with huge investments at present. Capacity, and charge times will improve. Will it replace oil as a compact storage of energy? No, not for a foreseeable amount of time. But that's why it's important to get started developing these techniques.
Musk said himself that Tesla making 500k cars would take up more than 100% of current lithium ion battery production worldwide.
No cell phones, no laptops, rechargeable AAs. Nothing but batteries for Tesla cars.
Still think that 1 million unit plus target to match Tesla's valuation is achievable?
"Electricity" is but a conduit. "Batteries" are a storage medium.
The energy comes from? (envio-folks, pay no attention to those dirty coal-fired power plants behind the curtains!)
Yes, but if you took the capital that has been committed and will be committed to the shale plays and parlayed that into proper combination of wind and solar, the juice problem is solved in 15 years...
Said the A student back in the 80's. Actually they were afraid that solar wouldn't be accepted because you can't put a meter on it. Then once we did put one on there, it wasn't worth reading, there was no solar amprage power, so they took it to the streets with a big campaign, and fooled the world again, after they swore they would not get fooled again, go figure.
I have no idea what you're talking about. I have friends, entirely solar powered in Australia. Granted, that won't work in Northern European nations, especially considering the amount of cloudy days. But plenty of these (UK, Denmark, Netherlands and Germany especially) are essentially very well placed for development of wind and tidal.
I don't believe it, i get more solar heat from the sun and properly place windows. They don't even want me to show up at the door any more with a meter and calculater to explain how the D/C to A/C conversion works. It don't, unless you have an investment you need to unload on some unwitting consumer, there have been plenty of suckers born the last 3 or 4 decades to cater to, but don't try to pull the wool over this sheeps eyes, I've done the math, cut the trees, and already saved the money.
Good luck finding solar panels these days that aren't junk produced by various mafia outfits.
As long as the world is run by central banks, there simply are no solutions. I know people locally who read the meters on their utility owned solar panels, and they tell me that their public showcase 6MW array never produces more than 1MW.
It's cool though, since they got Uncle Sugar to pay for half of it.
Flak, but pushing one non-sustainable thing over another doesn't change the basic problem of operating unsustainably.
I DO understand all the arguments (and appreciate the valid points and intent), and I DO understand that there's a difference here; but, I look FAR down the road (an approach that we failed to do years ago, which is now haunting us).
With so much "money" on the line we're assured that things are over-hyped (either FOR or AGAINST). Recall that Toyota was forced to tone down their claims on their Prius: years ago I'd encounraged a friend to by a diesel instead of a Prius, not because I'm against electricity (I LOVE electric motors) and batteries, but because of complexities- had that person concentrated on the MPG sticker (marketing) they'd have found that they wouldn't have gotten what they were thinking they were buying.
Another personal anecdotal: I'd argued against bringing in "light rail" in a nearby community not because I'd seen it as a bad thing in and of itself (I've ridden on some of the best rail systems), but because I saw it as a subsidy for a nearby larger city's employers- a subsidy for the commute such that that money wouldn't be available for more local businesses for hiring these people. I'd also foreseen (my track record has allowed me to pick the screen name that I'm using here) employment declining in general- having MORE costly infrastructure to maintain while employment drops is a BAD direction; I'd argued that it would make more sense to add more bus capacity, as with buses you can add/substract and shuffle around depending on loads/demand.
Oh, and one last thing likely to make all this more difficult is: INSURANCE companies. More folks charging their cars at home is going to increase the numbers of electrical fires. I'm fortunate that, even if they could afford such vehicles, my neighbors live far enough away from me that there's little risk of things going wrong at their places and affecting my home: I'm happy to pick up a bucket to help someone else, though this isn't a strategy I'd count on for myself.
I don;t really disagree...
I also don't think playing the Long Game is possible for our species, that meme don't hunt...
These dip shits think Oil, NG and Coal will be as plentiful in 200 years as they are now... #Deluded
Either we figure out Solar or we revert to an agrarian low tech civilization, assuming of course the GW doesn't result in a War where we turn off the lights so to speak...
How are we hosed without electric cars? Natural gas or hydrogen powered vehicles are the future.
We're hosed without coal to run the power plants. Windmills, solar, algea, biodiesel and unicorn farts aren't going to run our grid.
Coal, nuclear and nat gas will.
Do you get you energy info from the
a) The American natural gas alliance?
or
b) The American Coal Council?
Because you seem to be completely oblivious to the fact the US is STILL a net importer of NG... And just for shits and giggles, where would we get H2 from?
I suggest you introduce yourself to this (one of numerous examples)
http://arstechnica.com/science/2012/12/the-grid-of-2030-all-renewable-90-percent-of-the-time/
and if you are capable of doing the real heavy lifting then I recommend the actual research paper:
http://www.sciencedirect.com/science/article/pii/S0378775312014759
Look, the MSM propaganda says the US is the biggest oil producer in the world [by 2015 according to optimistic projections, but let's leave that out of the headline]. So how dare you come here with your fancy graphs and "facts" challenging this picture.
They can tell you anything, and usually do. But should you believe all the jargan? No.
I get my information from the 22 years I've done in the environmental industry. We design and install a lot of feel good solar systems and not so feel good landfill gas to energy systems. The LFGTE (gasp, methane) systems have an ROI of about 5-7 years while the solar unicorn fart systems have an ROI of 18-22 years.
Guess what. The LFG systems produce power 24/7/365.
Solar is about 1/3 of that.
Carry on douchnozzle.
I won't refute the numbers you provided other than to state what I was once told by an instructor for solar water heating*:
"They ask about how long of an ROI for solar water heating, but when does anyone ask the same for electrical water heating?"
NOTE: I was curious, so I spend personal energy to explore/examine it, not for seeking employment or profit, but for personal awareness and edification. I came away convinced that it has value, more than say electricity generated from solar panels, but not convinced of the application for my own use: now I've got a wood stove, so there's a way to heat water if I really do need to; and when the wood stove isn't used then I'll have actual solar, passive that is.
Stuff like solar (I only do PASSIVE solar) can manage price swings; and, when it is actually paid for then there is no longer any costs other than maintenance. Those LFG systems require there to be LFG just as much as solar requires the sun to be out. So, there's a premise that you're stepping past, and that's not a proper way for true/full assessment.
For large-scale applications there is NO way that wind or solar is going to be able to provide. But as folks should be used to me saying by this time: BIG = FAIL
We long ago passed the point at which we could have established things on renewables.
The ROI in Solar is "only" 18-22 years because of all the subsidies Uncle Sam, and other assorted thieving governments steal from other tax/ratepayers. Unless you are willing to live in the wilderness and don't demand power 24/7 solar is as useless as tits on a bull for grid usage. I am in the electric transmission field, and deal with this scam all the time. Solar is a joke.
Care to estimate what the annual subsidy for the FF industry is?
And yes, solar can not do it alone. Next strawman please...
Flak,
Go check out a real source, like the EIA.
Everyone from here to The Economist has written extensively on the ponzi scheme that is carbon swaps, credits and pigou taxation of energy mix federal policies.
The numbers you want to look for are net dry gas imports and net out the condensate exports back to Canada. Then adjust that for 40% switching to Coal in PADD II when gas gets above 3.80/mmbtu USD.
PS. Ars Techna is a mind rot for retail traffic no better than Gizmodo. Great if you are an investor in Twitter and FB, but nobody uses that site unless Engadget or ITG got caught in a spam filter.
Yep. I can BTU arbitrage with the best of them, but it don;t mean it can go on indefinately...
Besides, not sure why exporting condensate to be used for Dilbit has anything to do with net NG imports....
As I said, if you are capable of doing the real heavy lifting, I linked the actual research article...
And lay off of the strawmen, where did anyone bring in Carbon swaps?
Flak, I suspect you are a real First Wind/UPC fan and will NOT buy all the shit you have posted. I even posit you read Common Dreams and are a big fan of the "famous" Astrologer Sioux Rose. I've worked in this area for years and want to personally say 'Fuk Yu' in Chineze. Any down votes would be appreciated.
You must be a moron if you generated all that white space for the drivel that emerged...
So you read it ?
I left a couple of posts below just for you to fill in that white space you mentioned.
Yes, I gave you 24 seconds of my life, consider yourself blessed....
"Natural gas or hydrogen powered vehicles are the future. "
Is this a marketing pitch or are you a policy-setter? A "seer" perhaps?
Like I argued with others in my region about "light rail," once they forced you to accept the premise that people HAD to commute long distances then "light rail" made sense. I'd thought it wiser to provide tax breaks to companies hiring local people (incetive to reduce road taxes etc.).
"We're hosed without coal to run the power plants."
Not sure who "we" are/is, but for sure coal drives a lot of turbines.
"Windmills, solar, algea, biodiesel and unicorn farts aren't going to run our grid."
As someone who studdied energy for off-grid I'd have to agree. But on the other hand, as noted above, this is a forced premise: that we have to have a grid (I'm just wanting an open debate on this, I'm not eitehr PRO or AGAINST it).
NO MATTER, we cannot project any "solution" until we're willing to realistically note our intended rates of (consumptive) growth, and for how long? (if there is no time limit then that's the same as making the preposterous notion that we an have perpetual growth on a finite planet)
BTW - I'm going to start looking in to "wood gas" again; a refresher after discussing energy production from methane (wife was mentioning a big hog farm/plant in the Philippines that utilized methane from pig manure) We don't have coal or oil, and windmills and solar panels just aren't workable either, BUT, we have WOOD! (if nothing else, I like learning about things)
Does your "mate" (fictional girlfriend with her ObamaCare policy) ride an electric short bus to school?
Are you typing with only one hand or did you manage to get your fist out of your ass?
Flak! Don't stoop to his level!
Yeah, what he said! You might get upvotes, and then I'd be confused!
Crap! I'm not sure if I should up-vote you or not! (ha ha)
Electric bicycles and scooters work fine. Mostly made in China though so they don't tend to explode the way American stuff does.
I used to wonder about that in American movies, a car crashes and then whumph, up in flames every time. I see it's a cultural thing though.
Electric bicycles, really? I mean, have you used one? It's much more efficient to just PEDAL bicycles!
I've seen people start out with them and then the next thing I see is that they're using plain old bicycles.
"I used to wonder about that in American movies, a car crashes and then whumph, up in flames every time. I see it's a cultural thing though."
Home of the carbecue!
Seriously, I think that your movie-watching days only go up to the Chevy Corvair era. It's pretty rare for crashes to result in flames: not saying it doesn't happen, but there's far fewer such incidents than in the past, when one measures based on a percentage of total vehicles and total vehicle miles driven. One of the reasons why I like diesel, I don't have to worry so much about it blowing up: I store gasoline for various things and I'm always having to be mindful of it; whereas with my containers of diesel I don't.
Electric cars are a freaking joke. If you "invest" in them you might want to write it up as a charitable contribution on your 1040 to ManBearPig. You've been duped.
yah get a horse with a manure bag, cheaper and gets you from A to B
You can use the manure for your victory garden....Moo-chelle approved.
Theres no fire???
I'm wondering if their "battery" scheme is more about distracting us from their real design, the steam engine? Boilers, you know, burning stuff and all...
Blame it on Detroit or the Redshields.
Both have the Motive, Means and Opportunity. As do a few other rich slime, who have shorted the stock.
Be sure to BTFD: https://www.youtube.com/watch?v=jllJ-HeErjU
p.s. Who are the actor voices in this video? They are Cool! The woman is the voice of the new Microsoft TV add that ends in "Do you think I'm pretty?".
Isn't Elon a tribesman?
Isn't Fredie a bigoted little fuckwad?
gosh i hope all the
accounting ledgers are safe .....
One really has to wonder on Tyler's vested interest here, Tesla is finally a viable electric car, this removes our dependency on hydro carbon based vehicles, aka elitist monoplistic control. The technology in this vehicle is safe, only 3 fires with this amount of miles on the Model S brand, gasoline based cars at this time in its live would have had over a dozen, with casualties.
Yes I do own stock, but I also know this is one company that can remove us from elitist control, wakey, wakey Tyler.
You didn't read the policy on full disclosure? Really?
It's right over there --------->
Or, linked below if you still can't find it.
http://www.zerohedge.com/node/13972
"Tesla is finally a viable electric car,"
Viable for fucking what?
To transport the rich and famous?
To transport people to non-existent jobs?
"Yes I do own stock"
Do you own one of their cars? If not, why?
The large amount of Trolls here attacking Tesla is proof enough that the tech is viable, and threatens the elitists whom hire the trolls. Multiple car magazines name it car of the year, safety testing has proven it with the highest scores for any vehicle ever.
http://www.greencarreports.com/news/1086352_tesla-models-s-gets-highest-safety-test-score-ever-awarded-by-nhtsa
an extremely low amount of fires that only occur once the car goes through extreme damage, like hitting 17' of concrete wall, then a tree, the driver walks, and then battery slowly catches fire. That is what the trolls are claiming as dangerous, desperate.
the price is coming down with the Toyota RAV 4 coming in 2014, $50K, the Model S is designed to compete with high end BMWs and is priced the same as M5s pre rebate, it beats it on performance and looks great doing it.
http://www.autonews.com/article/20130826/OEM05/130829940/toyota-adds-discounts-for-tesla-powered-rav4-ev#axzz2kZwqE4ZC
Electric cars are "attacked" because reality intrudes in the electric car fantasy. You've been duped, but Al Gore loves ya!
Hey dumb shit one word. PINTO.
//Next headline: Tesla Employees Spotaneously Combust
I knew HARP(sp?) wasn't going to do what people were claiming, so yeah, this might actually be the entire goal of this "project."
I demand they put a tent over the factory to count all of the carbon they released in the atmosphere!
elon wants to build electric planes now. r101 is taken so whats a good name?
B-O-I-N-G
that said...
Governor Deval Patrick Joins Ambri for Opening of Manufacturing Facility
Ambri also Announces Plans to Deploy an Energy Storage System in Hawaii Next Year
PR Newswire
MARLBOROUGH, Mass., Nov. 7, 2013
MARLBOROUGH, Mass., Nov. 7, 2013 /PRNewswire/ -- Massachusetts Governor Deval Patrick joined other state and federal officials in a ceremonial ribbon cutting for Ambri, an innovative electricity storage startup company, which opened its first battery manufacturing facility today. At the plant, located in Marlborough, Massachusetts, Ambri will demonstrate the next-generation equipment and processes that will provide the foundation for global manufacturing of its low-cost electricity storage systems.
(Logo: http://photos.prnewswire.com/prnh/20120827/NE61705LOGO )
"Ambri's expansion is an example of how a little bit of public investment can catalyze private sector growth and innovation," said Governor Patrick. "I thank Ambri for choosing to expand in Massachusetts, and congratulate all of the dedicated people of Ambri who made this day happen."
"We are honored that Governor Patrick is joining us for this celebration," said Phil Giudice, CEO of Ambri. "Ambri was founded with the goal of creating a more efficient, more sustainable, and lower cost electricity system for the entire world. This manufacturing facility is a big step toward fulfilling our vision. Here, we will demonstrate that Ambri's Liquid Metal Batteries can be produced at comparatively low capital cost, and make large-scale energy storage a practical reality."
Ambri's new factory will produce the Company's first prototype systems for deployment in 2014 and 2015. In 2015, Ambri plans to commission its first full-scale manufacturing facility, which will position the company for worldwide growth. The company will begin the search for a location for its full-scale manufacturing facility next year.
One of Ambri's first prototype systems produced in Marlborough will be installed at the Joint Base Cape Cod, where it will enable the base to reduce electricity costs, improve power quality and grid resiliency, and integrate additional onsite renewable generation. That deployment will be funded through the Massachusetts Clean Energy Center's InnovateMass Program.
"Massachusetts is home to over 5,000 leading clean energy companies like Ambri that are working each day to drive innovation and grow the Massachusetts clean energy sector, which now employs 80,000 workers," said MassCEC CEO Alicia Barton. "We're proud to celebrate this milestone with Ambri and look forward to seeing their first prototype deployment go forward right here in Massachusetts, a true home for innovation."
Ambri also announced today plans to deploy another prototype energy storage system in Hawaii next year. That system will be deployed in partnership with Boston-based renewable energy developer First Wind, with funding from the Hawaii Energy Excelerator, which is sponsored jointly by the Department of Energy and the Office of Naval Research.
"Consumers in Hawaii are plagued by high electricity prices because their generation system is based primarily on diesel fuel. Wind and solar resources paired with energy storage can completely replace the diesel infrastructure, resulting in lower electricity prices and a more reliable electricity grid," said Phil Giudice. "We are excited to work with First Wind and the Hawaii Energy Excelerator team to make this happen."
"Ambri's energy storage technology will help Hawaii integrate more renewable energy sources, like solar and wind, on island grids. As Hawaii transitions from an oil-based electricity system to one fueled by 70% clean energy, the Energy Excelerator is committed to funding the world's best innovation needed to get us there," said Dawn Lippert, Founder and Senior Manager of the Hawaii Energy Excelerator.
About Ambri
Ambri is developing a unique electricity storage solution – the Liquid Metal Battery (LMB) – which is unlike any technology available on the market today. Ambri's LMB technology was invented at the Massachusetts Institute of Technology (MIT) in the lab of Professor Donald Sadoway. Ambri was founded in 2010 to scale the technology to a commercial product. Ambri's LMB will enable widespread use of renewable energy sources, reduce electricity costs and enable power systems to operate more reliably and efficiently. Ambri's investors include Khosla Ventures, Bill Gates and Total. More information is available at www.ambri.com.
==============
Note: O came to Boston to pitch O care on the day the Red Sox took the world series. On that day the media reported that he was here to explain O Care. What followed was a private, $65,000 a plate fundraiser and more of the same which the media did not report.
More here:
http://dailybail.com/home/deval-patrick-paul-gaynor-crony-capitalism-at-...
CA just passed an energy storage electrical grid tax 'er mandate, how convenient, yes Tesla's no doubt qualify.
Dirigible-powered locomotion by Lithium controlled-fire boxes, making hydrogen for loft. Yee-Hah! in the space rodeo.