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

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The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. For example, Maryland offers grants for zero-emission school buses. State governments are supporting the switch to electric vehicles as well.

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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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Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. Albemarle US , Kings Mountain Lithium Materials Processing Plant, $149,658,312.

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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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to Fulcrum Sierra Biofuels, LLC to build a biorefinery to produce jet fuel from municipal solid waste (MSW) via a proprietary two-stage thermochemical process. million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce 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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