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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.
Powering the Future: $7.54B Boost for U.S. EV Battery Plants
Big news for clean energy and American jobs! The Department of Energy has announced a $7.54 billion conditional loan commitment to StarPlus Energy for two lithium-ion battery factories in Kokomo, Indiana.
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. According to a recent news release, the U.
20h
on MSN
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 ...
6d
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 ...
4d
on MSN
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.
13d
Trump has threatened energy efficiency, weatherization programs. What happens now?
Manufacturers say they want certainty for their products and supply chains and could press the Trump administration to double ...
1d
Texas could become a major producer of another source of renewable energy
Texas has the potential to become a major producer of green hydrogen due to its existing energy infrastructure, according to ...
Crude Oil Prices
13d
Expect a US LNG Boom in the Second Half of 2025
The U.S. natural gas industry faces a turbulent future as the Trump presidency, global competition, and environmental ...
11d
on MSN
What is fracking? Domestic oil, gas production will be big part of Trump agenda
Donald Trump's energy agenda targets fracking expansion, faster permits and US dominance, sparking debate over economic gains ...
1d
Global Race to Unlock Subterranean Hydrogen: The Future of Limitless Clean Energy
The discovery of underground pure hydrogen is reshaping the understanding of this abundant element and its potential as a ...
Governing
8d
The Nation’s Easternmost City Could Be a Renewable Energy Model
The power often goes out in Eastport, Maine, due to storms. Now, the small city is developing solar and tidal power to fuel ...
19h
on MSN
Biden pushes out over $100 billion in clean energy grants as term winds down
U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the ...
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