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Ford pausing work on $3.5 billion Michigan electric vehicle battery ...
Ford is pausing work on a new, $3.5 billion electric vehicle battery plant in Michigan, even as the transition to electric vehicles has become a major sticking point in a United Auto Workers ...
The 7 biggest megaprojects that have broken ground this year
With a price tag of $1.18 billion per Dodge Data & Analytics, the project involves 167 miles of 72-inch piping, according to KFYR-TV, about one mile south of Carrington on the west side of U.S ...
SunPower taps Silicon Valley lender for one-billion-dollar funding ...
SunPower Corp. has enlisted a Silicon Valley-based lender to unlock a major pot of new funding, bringing a reprieve for a firm forced to slash budgets and idle factories as COVID-19 impacts bite.
EU approves Slovenia €150 million for renewables, energy storage
The European Commission has given the go-ahead to a €150 million (US$160 million) state aid scheme for renewable energy and energy storage in Slovenia. …
EV battery giant Northvolt to build multibillion-dollar plant in Quebec
Northvolt, a Swedish battery manufacturing giant, says it will build a new multibillion-dollar electric vehicle battery plant east of Montreal — a project Quebec leaders are calling the largest ...
Billion-dollar battery-factory project breaks ground
The three companies each own a 30% stake in the JV with China-based EVE Energy holding the remaining 10%. EVE is contributing battery-cell design and manufacturing expertise. The build, helmed by US-based Yates Construction, required a more than US$2 billion investment by the JV, but exact financials for the construction …
EC clears EUR-150m renewables, energy storage scheme in …
The European Commission (EC) on Friday approved, under EU state aid rules, a EUR-150-million (USD 161m) scheme in Slovenia that aims to support the …
GM, SDI will build $3 billion battery manufacturing plant in Indiana
General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026, creating 1,700 jobs, the state''s governor said Tuesday.
Canada announces a $1B Maple Ridge Battery Plant
In a landmark move for clean energy, Canada announces the construction of a $1 billion lithium-ion Maple Ridge battery plant. This groundbreaking project, a collaborative effort between the federal and provincial governments and the private sector, signifies a major stride in Canada''s commitment to sustainable energy practices. The …
CATL invests in $6 billion battery project to manufacture ...
CATL is helping build a new battery industry in Indonesia. The battery manufacturer shared details of the multi-faceted $5.968 billion project on its WeChat, explaining each company''s role. The ...
High speed rail network in Slovenia
Concept development The construction project of a high-speed rail line from northern Italy to Ljubljana was initiated as a part of the Trans-European Networks (TEN) as Priority Axis 6 and Pan-European corridor V.
Berkeley Co. approves $3.5B, 30-year deal with battery recycling …
MONCKS CORNER, S.C. (WCSC) - Berkeley County Council has voted to approve a 30-year deal with a battery recycling plant to bring a multi-billion-dollar investment to just off Interstate 26 near Volvo''s plant.
Slovenia to open EUR-150m renewables funding call …
The Slovenian government will in September open a public call to distribute EUR 150 million (USD 163m) in funding under a recently-approved state aid scheme supporting the expansion of renewable …
Biden-Harris Administration Announces $3.5 Billion to Strengthen ...
WASHINGTON, D.C. — Today, two years after President Biden signed the Bipartisan Infrastructure Law, the U.S. Department of Energy (DOE) announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide.As part of President Biden''s Investing in America …
US DOE announces US$3.5 billion for battery manufacturing
US DOE announces US$3.5 billion for battery manufacturing
Biden-Harris Administration Awards $2.8 Billion to Supercharge …
The 20 companies will receive a combined $2.8 billion to build and expand commercial-scale facilities in 12 states to extract and process lithium, graphite and other battery materials, manufacture components, and demonstrate new approaches, including manufacturing components from recycled materials.
Canada announces a $1B Maple Ridge Battery Plant
In a landmark move for clean energy, Canada announces the construction of a $1 billion lithium-ion Maple Ridge battery plant. This groundbreaking project, a collaborative effort between the federal and provincial governments and the private sector, signifies a major stride in Canada''s commitment to sustainable energy practices.
The Slovenia Times
Battery maker TAB Mežica plans to open Slovenia''s first gigafactory for the production of battery storage systems in the northern town of Prevalje in 2024. The …
New Slovenian battery projects to play vital balancing role
The Slovenian company Ngen is planning to install their third battery storage system with 80 MW of capacity at the Slovenian aluminium producer Talum, near the town of Ptuj. It …
Canada is pouring billions of dollars into the electric vehicle ...
This week, Quebec and Ottawa committed $2.7 billion toward an electric vehicle battery factory near Montreal. Such projects have faced questions, given the amount of public money involved.
Another battery plant for Canada, this one in Maple Ridge, B.C.
A billion-dollar battery cell production plant in Maple Ridge, B.C., will produce up to 135 million batteries each year as part of Canada''s push toward clean technology, Prime Minister Justin Trudeau said Tuesday during a stop in Metro Vancouver.. Trudeau was joined by B.C. Premier David Eby to announce federal and provincial …
Japan invests $2.4 billion in subsidies to boost EV battery …
2 · Japan has announced a notable $2.4 billion subsidy package to enhance its electric vehicle (EV) battery production capabilities, backing major projects by industry leaders Toyota, Nissan, and Panasonic. This move aims to strengthen Japan''s battery supply chain and increase competitiveness as the global shift toward electrification …
Japan to invest $2.4 billion in EV battery projects, boosting ...
3 · Japan will hand out more subsidies for electric-vehicle battery production, pledging as much as $2.4 billion in support for related projects by Toyota Motor and other major companies, as it seeks to strengthen its battery supply chain. The government will support 12 projects for storage batteries or ...
New Slovenian battery projects to play vital balancing role
Several new battery storage projects that are being implemented in Slovenia will play an important role in balancing that country''s power system and enabling the faster …
India''s gigafactories: Reliance, Adani, Suzuki, JSW, Hero in race …
In what will be the biggest private investment in a new industry in recent years, India''s leading business groups are readying plans to enter battery manufacturing and battery pack assembly with investments running into several billion dollars over the next decade or so. Reliance Industries, the country''s largest company by...
Slovenia state-aid for BESS, renewables gets EU green light
June 15, 2023: The European Commission said on June 9 it had approved a €150 million ($163 million) state-aid scheme to develop battery storage and renewables in Slovenia. …
Battery gigafactory plans start in Slovenia ...
Battery gigafactory plans start in Slovenia. The gigafactory funding is part of the first € 100m phase of the project which aims to provide batteries from a 10GWh gigafactory for up to 240,000 electric vehicles …
2022 was a big year for EV battery plants in the U.S. How big?
The Dodge Charger Daytona SRT Concept all-electric muscle car is shown at its world reveal during Dodge''s Speed Week at M1 Concourse on August 17, 2022 in Michigan.
Australia: 2023 a ''significant year'' for utility-scale battery storage
2023 also saw AU$4.9 billion (US$3.2 billion) in new financial commitments for utility-scale energy storage and hybrid projects with storage, an increase from AU$1.9 billion (US$1.2 billion) in 2022. Q2 2023 alone saw storage investment break the billion-dollar mark, a large portion of which is attributable to the Waratah project.
California Battery Plant Is Among World''s Largest as Power …
A drone view shows California''s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. ... Calpine''s billion-dollar Nova Power ...
Pumped hydro energy storage projects in New South Wales, …
Other projects designated as CSSIs include the Pacific Highway Upgrade, the Inland Rail project, and the 2.2GW PHES power station Snowy 2.0. Our sister publication, Energy-Storage.news, reported that the NSW government granted Oven Mountain, a 600MW/7200MWh, billion-dollar energy storage project, CSSI classification …