The U.S Department of Energy is expected to break its silence on the $25 billion monetary fund approved by the Congress last year to advance the green car revolution, and out of approximately 75 companies that have been tapped for a combined $38 billion, Ford Motor Company (NYSE: F), Nissan Motor Co., Ltd (NASDAQ: NSANY), and Tesla Motors could be the first recipients.

Suntech Power Holdings Co., Ltd. (NYSE: STP) has arrived at a new historic high point with the recent opening of the first and largest hi-tech photovoltaic module testing laboratory at its headquarters in Wuxi, China, the company confirmed Thursday.

EMCORE Corporation (NASDAQ: EMKR) revealed on Tuesday that it recently cut a close to $5 million deal to manufacture, test, and ship solar panels for a spacecraft for the Global Precipitation Measurement (GPM), a satellite-based science mission of the National Aeronautics and Space Administration (NASA).

Satcon Technology Corporation (NASDAQ: SATC), which manufactures utility scale distributed power systems for the alternative energy industry, recently declared that it completed the installation of four of its 250 kilowatt (kW) PowerGate(R) Plus inverters at the State of Florida’s Orange County Convention Centre (OCCC). The installation has been hailed as the most prominent rooftop solar installation in the Southeastern United States.

Evergreen Solar, Inc. (ESLR) develops, manufactures, and markets solar power products primarily in Europe and the United States. Evergreen uses a proprietary technology, known as String Ribbon, which uses significantly less silicon than conventional processes.

Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ: QTWW) is set to supply its affiliate, Fisker Automotive Inc., with its ‘Q-Drive’ high-performance plug-in-hybrid electric vehicle architecture for a debut production vehicle, the Fisker Karma.

A one megawatt (MW), 250 kilowatt-hour battery storage system, developed by Altair Nanotechnologies Inc. (NASDAQ: ALTI) has become the first advanced Lithium-Titanate battery to provide grid regulation services in a major U.S electricity market.

American Semiconductor (AMSC:Nasdaq) manufactures and sells power electronic converters and superconductor wires to energy companies.