Department of Energy
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Plug Power has received a $1.66 billion conditional commitment loan from the Department of Energy (DOE) to construct up to 6 clean hydrogen facilities across the US.
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Massachusetts-based Electric Hydrogen has inked a $100 million corporate financing led by HSBC to grow its production of 100MW electrolyser plants.
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The Department of Energy (DOE) has opened the application process for the first round of CO2 transportation infrastructure awards, which totals $200 million.
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The Department of Energy (DOE) selected LS Power's Southwest Intertie Project-North (SWIP-North) as a fourth conditional project for the first round of its Transmission Facilitation Program.
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The Department of Energy (DOE) has awarded $1.93 billion in qualifying advanced energy project tax credit allocations – known as 48C tax credits – to 35 projects focused on renewable manufacturing and greenhouse gas emission reduction.
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New England states have jointly-submitted applications to compete in the second round of the Department of Energy (DOE)’s Grid Innovation Program (GIP) which has $1.82 billion to award.
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The Department of Energy (DOE), the US Treasury Department, and the IRS have awarded $4 billion in tax credits to 100 projects across clean manufacturing, critical materials, and industrial decarbonisation.
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The Department of Energy's (DOE) Loan Programs Office (LPO) has awarded energy equipment supplier Holtec $1.52 billion to restore its 800MW Palisades nuclear-generating station in Michigan.
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The Department of Energy (DOE) has awarded $475 million in funding for 5 projects that feature renewable development on former mining lands. The projects are located across Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia.
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The US Department of Energy's Loan Programs Office (LPO) and UK Export Finance (UKEF) have signed a memorandum of understanding (MoU) for cooperation on joint financing for energy and green infrastructure projects.
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The Department of Energy (DOE) has awarded $750 million for 52 green hydrogen projects across manufacturing, electrolysis technology, recycling, and more. Together, the projects are expected to produce 24GW of hydrogen in different forms.
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CarbonCapture, a direct air capture (DAC) company, has secured $80 million in Series A financing, led by Prime Movers Lab, an investor in scientific-based startups.
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The United States Department of Agriculture (USDA) has granted $2.3 billion in funding to 39 energy infrastructure and renewable energy projects in rural communities across 23 states.
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The Department of Energy (DOE) has conditionally awarded $366 million to 17 projects that aim to improve the transmission and electrical distribution of power in rural and remote areas across the US.
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The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) will deploy an additional $100 million to aid industrial carbon dioxide removal.
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The Department of Energy (DOE) has opened a request for proposals (RFP) for the second round of its utility-scale transmission upgrade program, with $1.2 billion available to fund projects.
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Law firm Akerman has announced the formation of 3 energy and infrastructure sub-practices.
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Plug Power has started operations at the largest liquid green hydrogen plant in the US in Georgia after 18 months of construction.
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The US Treasury Department has released additional guidance on tax credits for electric vehicles (EVs) and associated charging technology, including alternative refueling stations.
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The US Department of Energy (DOE) has selected 3 firms to help establish a market for the buying and selling of green hydrogen from its Regional Clean Hydrogen Hubs (H2Hubs).
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Large nuclear plants may overtake previously trending small modular reactors (SMRs) in the market as both private and federal funds are zeroing in on the sector to meet ever-growing grid demand.
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Siemens Energy has signed a memorandum of understanding with Santa Clara, California-based fast fission clean power company Oklo to become its preferred supplier as it scales up its advanced fission power plants.
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The US Air Force Research Laboratory’s Space Vehicle Directorate has selected Westinghouse to power its advanced space research program.
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GTI International subsidiary Projeo Corporation has been awarded $38 million from the US Department of Energy (DOE) for its Phoenix Project.
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The Department of Energy (DOE) has ringfenced $3.5 billion from the Bipartisan Infrastructure Law to boost domestic production of advanced batteries and battery materials.
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Green hydrogen development took a giant stride towards bankability as the Department of Energy selected 7 green hydrogen hub winners across 16 states, handing out $7 billion from the Bipartisan Infrastructure Law.
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The Department of Energy (DOE) has awarded $3.46 billion for 38 grid-reliability projects, which will modernize and stabilize the grid, especially from extreme weather events.
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The Department of Energy has selected seven green hydrogen hub winners across 16 states, handing out $7 billion dollars in funds from the Bipartisan Infrastructure Law. Together, the hubs aim to produce over 3 million metric tons of clean hydrogen annually and generate over $40 billion in private investment in hydrogen.
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The Department of Energy (DOE) has provided $38 million in funding for 13 green energy technology projects in American Indian and Alaska Native communities. The DOE funds will help increase energy security, reduce energy costs, and provide electric power investments for Native communities across the US.
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Sunnova Energy International, a low-cost solar and energy provider, has entered into a $3.0 billion partial loan guarantee agreement with the U.S. Department of Energy's (DOE) Loan Programs Office (LPO).
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The Department of Energy (DOE)'s Loan Programs Office has given a $398.6 million conditional loan to Eos Energy Enterprises, a battery storage manufacturer. The funding will support Eos Energy's Turtle Creek, Pennsylvania, grid-scale BESS manufacturing facility, which is expected to produce over 8GWh of storage capacity per year.
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The Inflation Reduction Act was finally signed into law after more than a year of negotiations last August. West Virginia Senator Joe Manchin (D), the deciding vote, lengthened discussions by insisting on capital being made available for retrofitting coal and oil plants, creating carbon capture projects, and adding emission control technologies.
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A Ford Motor Company joint venture has received a $9.2 billion conditional loan from the Department of Energy's Loan Programs Office (LPO) to finance three battery plants in Tennessee and Kentucky. The JV, BlueOval SK LLC, brings together Ford and SK On, a Korean EV battery manufacturer.
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KORE Power, battery storage and EV solutions company, was awarded a conditional commitment loan of $850 million by the Department of Energy's Loan Programs Office (LPO) for an advanced battery cell manufacturing facility in Buckeye, Arizona.
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Big businesses have begun to move on carbon capture while the US government spurs advancements in the emerging sector through its Bipartisan Infrastructure Law’s (BIL) tax credits, loans and grants.
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