article thumbnail

Rivian could get a $440M tax incentive for 2,000-acre Texas facility

Teslarati

Rivian could benefit from a $440 million tax incentive from the City of Fort Worth, Texas if it meets specific requirements. Fort Worth’s City Council was scheduled to vote on an economic development agreement with Rivian this Tuesday, August 17. There are three investment requirements that Rivian must meet.

Texas 132
article thumbnail

This 408-MW solar farm will be one of the largest in Texas

Baua Electric

Photo: Primergy Solar Solar developer Primergy Solar has closed commitments for $588 million in debt financing for a 408-megawatt (MW) solar farm south of Dallas–Fort Worth, Texas. Utility-scale solar contractor SOLV Energy is now building the solar farm, which is expected to create around 350 local full-time construction jobs.

Texas 52
article thumbnail

MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation

Charged EVs

What’s more, the company is developing a facility in Fort Worth, Texas where it plans to manufacture alloys and magnets from Mountain Pass materials. Matt Sloustcher: If you read the EV Tax Credit legislation, the sourcing restrictions on critical minerals are limited to the battery system. And it has customers.

Supplies 104
article thumbnail

MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation – Charged EVs

Baua Electric

What’s more, the company is developing a facility in Fort Worth, Texas where it plans to manufacture alloys and magnets from Mountain Pass materials. Matt Sloustcher: If you read the EV Tax Credit legislation, the sourcing restrictions on critical minerals are limited to the battery system. And it has customers.

article thumbnail

US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

The project will deploy refueling stations and alternative fuel vehicles in the Dallas-Fort Worth area. The project is aimed at building the infrastructure to encourage public and private vehicle operators to convert existing vehicles from conventional gasoline to clean propane. Total DOE award: $12,633,080.