The end markets for its glass products include solar panels, wind turbines and geothermal energy systems.
For example, if you plan to add geothermal heat pumps, residential small wind turbines or solar energy systems, the credit is equal to 30% of the cost with no upper limit.
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Realizing that the electric car market might not take off as quickly as expected, A123 also made forays into other markets, such as developing energy storage systems to bank wind or solar electricity.
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Like China, the prodigious expansion of power production from renewable-energy resources like wind, solar energy and geothermal has outpaced the ability of the transmission systems to move these new power supplies to centers of demand.
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Indeed, various companies, including GE, are investing heavily in ways to come up with cost-effective systems to store the wind and solar energy that their wind turbines and solar technologies capture in combination with other means of generating electricity and power.
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Eligible improvements (PDF) include not only energy-saving equipment such as insulation, lighting, and HVAC systems but onsite renewable energy (rooftop PV, wind turbines, and fuel cells) and water-saving upgrades such as low-flow plumbing fixtures and grey water systems.
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Solar energy is a few years behind, but the most modern systems already promise wind-like prices.
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The company is now beginning to manufacture brake systems for wind turbines because it sees a big opportunity due to the emphasis on alternative energy by the central government and the fact that all of these products are now imported.
Google said its "Renewable Energy Cheaper Than Coal" initiative will focus initially on solar thermal power, wind power technologies, geothermal systems and other technologies.
Google (nasdaq: GOOG - news - people ) said its "Renewable Energy Cheaper Than Coal" initiative will focus initially on solar thermal power, wind power technologies, geothermal systems and other technologies.
According to Motorwave, the new technology can reduce energy bills by up to 50 percent and costs between 10 and 20 per cent of current small wind turbine systems to run.
Dr. Vladimir Kliatzkin, a scientist with more than 40 years of experience in energy production and accumulation systems for aviation, internal combustion engines and hybrid systems, originally developed the innovative wind-power technology and is currently commercializing various applications incorporating the technology through WinFlex.
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