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, Stellantis 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 $7.54B loan for Stellantis venture to build 2 EV 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
Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories
The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.
Stellantis, partner get loan commitment from feds for EV battery plants
The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the plants and hundreds more at a supplier park nearby.
U.S. commits to $7.5B loan for Stellantis venture to build 2 EV battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Ind.
Federal loan would finance EV battery plants in Kokomo
A federal loan is expected to help finance two new manufacturing plants in Kokomo, both of which will help expand the United States’ electric vehicles industry.
The Department of Energy Misspent Nearly $1 Billion in 2024
While $1 billion is a drop in the wasteful spending bucket, fiscal irresponsibility of all sizes must be eradicated.
Daily on Energy: China restricts critical mineral exports, Treasury tightens Iran sanctions, and SAF guidance delayed
Good afternoon and Happy Tuesday, readers. In today’s edition of Daily on Energy, with a little help from our editor Joe ...
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 to turn ocean waves into renewable energy
The power of the ocean could soon be used to power homes in the U.S. as scientists prepare to test an untapped form of ...
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.
North Carolina Town Sues Duke Energy Over Climate Change
Carrboro accused Duke, one the nation’s largest utility companies, of ignoring data about climate change while increasing use ...
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 ...
Tennessee Lookout8d
Poultry farms, small businesses awarded $3.6M in federal clean energy grants
Twenty Tennessee farms and businesses will receive more than $3.6 million in federal grants to support clean energy projects.
Opinion: Why Colorado’s Chris Wright will be good for the Department of Energy
When President-Elect Donald Trump nominated Denver’s Chris Wright as Secretary of the U.S. Department of Energy, the ...