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BorgWarner to invest $500M in Wolfspeed, securing up to $650M in annual capacity for SiC devices

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billion financing transaction in exchange for a silicon carbide device capacity corridor. BorgWarner has been a strong partner with Wolfspeed for many years, and we are pleased to secure the investment from them which will be used to support our capacity expansion efforts and ensure we have a steady supply of product for their customers.

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Fulcrum BioEnergy demonstrates integrated process to convert MSW to jet and diesel; $4.7M DoD grant to begin plant engineering

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This demonstrated process adds fuel diversity to Fulcrum’s products and complements its previously demonstrated MSW-to-ethanol process. The plant includes the same MSW sorting, gasification and fuel production systems that will be utilized in Fulcrum’s commercial plants. Fulcrum will match this DoD grant with $4.7

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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This project will expand Anovion’s existing manufacturing capacity in Sanborn, NY—notably the only qualified US source of battery-grade synthetic graphite commercially shipping product today. This project (“Phase 3 Expansion”) will expand the production capacity of the Vidalia AAM facility from 11,250tpa to at least 45,000tpa AAM.

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Velocys establishes strategic alliance with TRI for gasification systems for BTL plants

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It offers the ability to dial in the H 2 to CO molar ratio to match the synthesis reaction or fermentation step for biofuels and/or biochemical production. A key next step will be an integrated technology demonstration; Velocys will relocate its skid-mounted pilot plant from Ohio to the TRI facility in North Carolina.

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USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

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This is the first loan guarantee USDA has made for the production of bio jet fuel. The end syngas product is very clean with zero sulfur content. Hydrotreating, hydrocracking and hydroisomerization upgrading steps are used to upgrade the combined HFTL and MFTL products into jet fuel. Fulcrum matched this DoD grant with $4.7

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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

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Transit agencies began submitting their proposals after the FTA announced rules for the Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) grant program as part of the Recovery Act last March. Since President Obama signed ARRA into law in February, grants totaling more than $7.2 The DOT is making $48.1

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