Tag: Justice40 Initiative
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
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]
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U.S. DOE Announces $15 Billion Loan Guarantee to Pacific Gas & Electric Company to Expand Hydropower Generation, Battery Energy Storage, & Transmission
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]
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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
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]
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Re-X Before Recycling Prize To Extend the Lifetimes of Manufactured Products
Ten teams receive a collective $1.5 million and Phase 3 opens to returning competitors. Latest Announcement The U.S. Department of Energy’s (DOE’s) Advanced Materials and Manufacturing Technologies Office (AMMTO) today announced the Phase 2 winners of the Re-X Before Recycling Prize, a competition to identify, prepare, and develop innovative ways to … [continued]
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$1.67 Billion to Montana Renewables to Significantly Expand US Sustainable Aviation Fuel Production
Montana Renewables will expand its renewable fuels facility to scale up sustainable aviation fuel (SAF) production. As part of the Biden-Harris administration’s Investing in America agenda, the Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $1.67 billion ($1.44 billion of principal and $233 million of … [continued]
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Florida Gets $29 Million Boost to Help Grid in Extreme Weather
I grew up in Florida and lived here through college. Then I moved away for about 14 years. Then I moved back about 6 years ago. In short, I’ve lived here for approximately 3 decades. We went through some hurricanes when I was younger, and were certainly threatened by many … [continued]
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