Department of Energy News Updates

Government, Business, Technology

Energy Department Pushes Out Technology Loan Funds

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, 2024
Government, Fuel

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, 2024
Government, Business, Fuel

Biden 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, 2024
Government, Business, Technology

US 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, 2024
Government, Business, Technology

EVgo 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, 2024
Government, Business, Technology

US 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, 2024
Government, Business, Technology

Entek 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, 2024
Government, Business, Technology, Fuel, TCA

Obscure 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, 2024
Government, Business, Technology, Fuel

Hydrogen 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, 2024
Government, Business, Technology, Fuel

Hydrogen 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.

December 21, 2023