US Department of Energy commits $7.54 billion loan for EV production in Kokomo
Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third largest by the office.
U.S. Energy Department unveils $7.54B loan for Samsung, Stellatis EV battery plant
DOE says a multi-billion dollar loan will jumpstart a joint project in Indiana between Stellantis and Samsung to aid battery production for the rapidly-expanding electric vehicle industry.
US Commits to $7.54 Billion Loan for Stellantis Venture to Build 2 Electric Vehicle Battery Plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana
US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants
The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
Stellantis-Samsung JV Gets $7.54 Billion DOE Loan to Build EV Battery Plants -- OPIS
The U.S. Department of Energy on Monday announced a conditional commitment for a loan of up to $7.54 billion to StarPlus Energy to help finance its plan to build two electric vehicle battery plants that would supply almost 700,
Stellantis and Samsung will get $7 billion to build battery factories
U.S. government has made a commitment to lend about $7 billion to a Stellantis joint venture with Samsung SDI to build two electric vehicle battery factories in Indiana.
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.
Biden Offers $7.5 Billion for Samsung SDI-Stellantis Battery Hub
A joint venture between Samsung SDI Co. Ltd. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.54 billion in financing from the Biden administration.
Texas could become a major producer of another source of renewable energy
Texas has the potential to become a major producer of green hydrogen due to its existing energy infrastructure, according to ...
A New Reckoning for Nuclear Energy
T his spring kicked off the best stretch for America’s nuclear industry in decades. It started in April, when, for the first ...
How Trump's proposed tariffs might affect commodities and energy
President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico ...
Chris Wright, Trump's pick for energy secretary, is wrong about green energy, experts say
The United States has seen a significant increase in the use of clean energy over the last few years; however, Chris Wright ...
Coloradan tapped to lead Department of Energy likely to expand fossil fuel production, decenter climate change
Chris Wright, Trump’s nominee to lead the U.S. Department of Energy, has acknowledged climate change is real, but said in a ...
Trump’s energy agenda in the next administration: A closer look
The Washington Examiner has taken a closer look at what exactly Trump’s energy agenda might look like in practice.
Trump has threatened energy efficiency, weatherization programs. What happens now?
Manufacturers say they want certainty for their products and supply chains and could press the Trump administration to double ...
Global Race to Unlock Subterranean Hydrogen: The Future of Limitless Clean Energy
The discovery of underground pure hydrogen is reshaping the understanding of this abundant element and its potential as a ...
Governing7d
The Nation’s Easternmost City Could Be a Renewable Energy Model
The power often goes out in Eastport, Maine, due to storms. Now, the small city is developing solar and tidal power to fuel ...
justthenews6d
Court hears arguments in challenge to Dept. of Energy's natural gas furnace rules
The American Gas Association has mounted a legal challenge to the U.S. Department of Energy’s final Consumer Furnace Rule, ...