The U.S. Commerce Dept. launched first funding opportunity for semiconductor chip producers seeking to build, expand or modernize plants using money from the Chips and Science Act.
Redwood Materials plans to draw pieces of federal financing as it achieves milestones in phased construction of its northern Nevada battery materials campus.
Unclear details on broadened Buy America rules on projects announced by President Biden during his State of the Union Address have industry officials concerned.
Firms, GE Hitachi and Ontario Power will build the 300-MW plant under a single collaborative agreement to
avoid potential delays and cost overruns, said Ken Hartwick, utility
president and CEO.
Proposed state program would invest $4 billion in surplus funds to leverage added billions oficials said would expedite 20 projects set to relieve road congestion.