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Tesla supplier Piedmont Lithium gets key North Carolina mining permit – ET Auto

Baua Electric

“Finding external capital for a new lithium project could prove difficult at current lithium prices, though it will help that Carolina Lithium is very low on the cost curve,” said brokerage TD Cowen. North Carolina regulators have approved a state mining permit for Tesla supplier Piedmont Lithium to develop one of the largest U.S.

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Piedmont Lithium selects Tennessee for second lithium hydroxide project; 30,000 metric tons per year

Green Car Congress

FEED will conclude in H1 2023 and position Piedmont to sign an EPC contract for the construction of Tennessee Lithium upon completion of permitting and project financing activities. 2026: Carolina Lithium—integrated spodumene concentrate and lithium hydroxide production.

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

Green Car Congress

billion financing transaction in exchange for a silicon carbide device capacity corridor. This agreement, combined with our most recent announcement of a multi-billion-dollar materials expansion in North Carolina, confirms the industry transition from silicon to silicon carbide is well underway.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The turbines for the Hummel generating station will be manufactured at Siemens’ manufacturing facility in Charlotte, North Carolina.

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Highland Electric Transportation raises $253M to accelerate electrification of school fleets

Green Car Congress

The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. Today, Highland owns and operates American-made electric vehicles manufactured by North Carolina-headquartered Thomas Built Buses and powered by California-headquartered Proterra.

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

Green Car Congress

TRI’s multi-feedstock demonstration plant in Durham, North Carolina has run for more than 10,000 hours, and has successfully shown that the syngas it produces is well-suited to the FT process and upgrading to ASTM-certified fuels. Earlier post.)

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USDA to award $11M loan guarantee to Oregon biorefinery

Green Car Congress

Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. USDA has financed projects in Florida, Georgia, Iowa, Louisiana, Michigan, Nevada, New Mexico, North Carolina and Oregon. USDA hopes to finalize loan terms with Novus and Old West by summer. million gallons of advanced biofuels.

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