U.S. MASSIVE Bet on EV Batteries Set to Shake Up the Market

/ December 27, 2024

From FutureAZA.

Huge thanks to @BrighterwithHerbert for joining the discussion.
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Links from today’s show:
LPO Announces Conditional Commitment to NOVONIX to Boost Synthetic Graphite Manufacturing in Tennessee
https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-novonix-boost-synthetic-graphite-manufacturing

LPO Announces $7.54 Billion Loan to StarPlus Energy to Construct Lithium-Ion Battery Factories in Indiana
https://www.energy.gov/lpo/articles/lpo-announces-754-billion-loan-starplus-energy-construct-lithium-ion-battery-factories

Eos Energy Enterprises Inc. has closed on a $303.5 million loan from the U.S. Department of Energy that will support the company’s growth objectives in the energy storage sector, including a factory expansion.
https://www.thomasnet.com/insights/eos-doe-reshoring-loan/

The Biden administration conditionally approved a $15 billion loan to California utility Pacific Gas & Electric, which would mark the largest commitment from the Department of Energy’s Loan Programs Office.

DOE approves $15B loan for California’s Pacific Gas & Electric

LPO Announces Conditional Commitment to Wisconsin Electric Power Company to Help Maintain Reliability and Affordability Through Hydropower Rehabilitation and New Utility-Scale Renewable Generation
https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-wisconsin-electric-power-company-help-maintain

LPO Announces Conditional Commitment to Nostromo Energy to Enhance Grid Reliability and Cut Air Conditioning Energy Waste for Large Buildings in California
https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-nostromo-energy-enhance-grid-reliability-and-cut

DOE Announces $9.63 Billion Loan to BlueOval SK to Further Expand US Manufacturing of Electric Vehicle Batteries
https://www.energy.gov/lpo/articles/doe-announces-963-billion-loan-blueoval-sk-further-expand-us-manufacturing-electric

LPO Announces Conditional Commitment to Rivian to Support the Construction of EV Manufacturing Facility in Georgia
https://www.energy.gov/lpo/articles/lpo-announces-conditional-commitment-rivian-support-construction-ev-manufacturing

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