U.S. Energy Department Commits $2.5 Billion Loan to EV Battery Cell Manufacturing

U.S. Energy Department Commits $2.5 Billion Loan to EV Battery Cell Manufacturing

U.S. Energy Department’s Loan Programs Office has announced a provisional pledge to Ultium Cells LLC for a $2.5 billion loan to aid the financing of new-found lithium-ion battery cell production plants in Ohio, Tennessee, and Michigan. The three plants are expected to bring economic prosperity into their respective states and are likely to create 6,000…...

Iowa Board Approves 200 Megawatts of Solar Projects

Iowa Board Approves 200 Megawatts of Solar Projects

The Iowa Utilities Board on July 26 granted certificates for Duane Arnold Solar Projects, pending approval from the Linn County Board of Supervisors. The certificates authorize Duane Arnold Solar LLC and Duane Arnold Solar II LLC to use a public resource within an area. On the back of this, the project proposes to use photovoltaic…...

eia uranium pulse

U.S. Uranium Concentrate Production in 2021 Close to All-Time Lows: EIA

The U.S. produced 21,000 pounds of uranium concentrate last year, which is less than one percent of the 2014 production of 4.9 million pounds, the highest since 2000, according to a July 26 report from the U.S. Energy Information Administration. Uranium is the fuel that is widely used by nuclear power plants for nuclear fission…....