Clean Technica

U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Production of Lithium Carbonate, Boost U.S. Battery Supply Chain

5 min read

Rhyolite Ridge will process lithium carbonate to support the domestic EV battery supply chain. The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $996 million loan guarantee (including $968 million of principal and $28 million of capitalized interest) to Ioneer Rhyolite Ridge LLC … [continued]

The post U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Production of Lithium Carbonate, Boost U.S. Battery Supply Chain appeared first on CleanTechnica.

Clean Technica

U.S. DOE Announces $15 Billion Loan Guarantee to Pacific Gas & Electric Company to Expand Hydropower Generation, Battery Energy Storage, & Transmission

4 min read

Section 1706 Loan Guarantee Will Maintain Affordability for Customers and Improve System Resilience and Reliability As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s Loan Programs Office (LPO) announced today the closing of a $15 billion loan guarantee to Pacific Gas & Electric Company … [continued]

The post U.S. DOE Announces $15 Billion Loan Guarantee to Pacific Gas & Electric Company to Expand Hydropower Generation, Battery Energy Storage, & Transmission appeared first on CleanTechnica.

Clean Technica

U.S. DOE Announces $584.5 Million Loan Guarantee to Subsidiaries of Convergent Energy and Power Inc. to Build Solar PV and Energy Storage in Puerto Rico

5 min read

Convergent will build and operate utility-scale solar-plus-storage in Puerto Rico, improving grid resilience and reducing costs for ratepayers. The U.S. Department of Energy Loan Programs Office (LPO) today announced the closing of a $584.5 million ($559.4 million in principal and $25.1 million in capitalized interest) loan guarantee to subsidiaries of … [continued]

The post U.S. DOE Announces $584.5 Million Loan Guarantee to Subsidiaries of Convergent Energy and Power Inc. to Build Solar PV and Energy Storage in Puerto Rico appeared first on CleanTechnica.

Clean Technica

Why the Car Industry Will Not Pay €15 Billion in Penalties in 2025

4 min read

The debate on one of the EU’s most important climate regulations is being distorted by bogus claims about high fines. Analysis has been circulating in the European Parliament estimating that car manufacturers would pay €15 billion in fines for not meeting the EU’s car CO2 targets in 2025. This echoes similar … [continued]

The post Why the Car Industry Will Not Pay €15 Billion in Penalties in 2025 appeared first on CleanTechnica.