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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

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FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale. According to Rystad Energy, to satisfy a 1.6-degree

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LG Energy Solution cuts investments after weak earnings

Teslarati

LG Energy Solution (LGES) is cutting some investments after reporting weak earnings, mostly attributed to slow electric vehicle (EV) sales growth. “W W e will have to cut capital expenditure considering sluggish EV market conditions and client demand, ” commented Lee Chang-sil, LGES’ Chief Finance Officer. billion won (US$114 million).

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EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

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In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). Data source: US Energy Information Administration, federal and state motor fuels taxes table. These Superfund taxes include a $0.09

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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Neo Performance Materials and Energy Fuels Inc. Energy Fuels will process the monazite sands into a mixed rare earth carbonate (RE Carbonate) in Utah for use as feed material for Neo’s value-added separated rare earth production plant in Europe.

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Ford and Georgia Tech partner on hydraulic hybrid school bus conversion

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The Ford Motor Company Fund and the Georgia Institute of Technology are partnering on the US’ first conversion of a traditional school bus to a hydraulic hybrid vehicle that runs on recycled biofuel. Atlanta Public Schools (APS) donated the bus for the project.

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Microsoft climate fund invests $50M in LanzaJet alcohol-to-jet SAF plant

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LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia ( earlier post ), through the Microsoft Climate Innovation Fund. Suncor Energy Inc., LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources.

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sonnen accelerates US market efforts with solar-plus-storage technology package

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sonnen, the European market leader for smart energy storage systems, announced a partnership with SolarWorld, the largest crystalline-silicon solar manufacturer in the US and PetersenDean, the nation’s largest residential roofing company with more than a million roofs under its belt. Guaranteed lifetime is 10,000 cycles or 10 years.

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