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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

Nuevo León’s state economic development council approved Tesla Giga Mexico’s incentives, which include the buildout of basic infrastructure like roads and water treatment. The incentives also include a reduction in payroll tax reaching 2,627 million pesos, equivalent to 3.37% of Tesla’s investment—not including its employees.

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Argonne researchers developing multifunctional farm landscapes balancing economy, bioenergy and environment

Green Car Congress

In collaboration with the farming community of the Indian Creek Watershed in central Illinois, researchers from Argonne National Laboratory (ANL) are finding ways to meet three agrarian land management objectives simultaneously: maximizing a farmer’s production; growing feedstock for bioenergy; and protecting the environment.

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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

Green Car Congress

37 million in undiscounted pre-tax free cashflow to the project forecasted during the first full year of production. 139 million after-tax net present value (NPV) using an 8% discount and 53% after-tax internal rate of return (IRR), representing a payback period of only 1.8 NPV – Pre-Tax (8% Discount Rate).

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OYSTER consortium receives €5M funding to investigate offshore hydrogen production

Green Car Congress

To realize the potential of offshore hydrogen production, there is a need for compact electrolysis systems that can withstand harsh offshore environments and have minimal maintenance requirements while still meeting cost and performance targets that will allow production of low-cost hydrogen. The project will be coordinated by Element Energy.

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Cummins announces PLANET 2050 strategy; net-zero carbon emissions by 2050

Green Car Congress

Reduce absolute water consumption in facilities and operations by 30%. In 2020, Cummins will launch a strategic community environmental program to align its efforts and affirm its commitment to the environment as one of the company’s three community priority areas.

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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

lithium operation – a small mine operated by Albemarle – has taxed minerals for more than 100 years, but at a rate based on each facility’s revenue. Clean Water Act gives Washington regulatory power over water extraction and reinjection across the country, state officials have autonomy to govern other parts of the process.

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Tesla Giga Berlin battery plant starts initial operations: report

Teslarati

It is believed that Tesla opted to prioritize the battery plant of Giga Texas in the United States for now due to the country’s favorable tax incentives. In a comment to rbb24 , Steinbach noted that Giga Berlin’s battery plant is already abuzz with activity. Don’t hesitate to contact us with news tips.

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