President Joe Biden’s $400 billion green bank has just weeks to close billions of dollars in deals to finance green technology before handing the keys to the Trump administration.
December 13, 2024Department of Energy News Updates
Energy Department Pushes Out Technology Loan Funds
Trump’s Energy Nominee Chris Wright Champions Fossil Fuels
Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.
December 4, 2024Biden to Stand Fast on LNG-Permit Halt, Energy Chief Signals
The Biden administration won’t decide on any natural gas-export permits before the presidential term ends in late January, Energy Secretary Jennifer Granholm signaled.
November 15, 2024US to Loan EV Battery Parts Maker $671M for Georgia Plant
The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia.
October 16, 2024EVgo Gets $1.1 Billion Loan Commitment From DOE
Electric vehicle charging company EVgo Inc. received a loan guarantee of up to $1.05 billion from the U.S. Department of Energy.
October 3, 2024US Awards $3 Billion for EV Battery Production in 14 States
WASHINGTON — The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles.
September 20, 2024Entek Poised to Get $1.2 Billion US Loan
The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.
July 9, 2024Obscure Energy Calculation Could Speed Up EV Future
WASHINGTON — Overshadowed by the tailpipe emissions rule, the Department of Energy finalized changes to a calculation that could impact automakers’ ability to sell gas-powered vehicles.
April 9, 2024Hydrogen Company Plug Power Closes In on $1.6 Billion Loan
Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.
January 23, 2024Hydrogen Hubs Central to State Government Action in 2023
Federal funding for hydrogen fuel hubs and competition for economic development projects were central themes among state governments in 2023.
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