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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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Syrah Technologies , Phase 3 Expansion of Syrah’s Commercial-Scale Natural Graphite Active Anode Material Facility in Vidalia, Louisiana, $219,820,610. Lilac’s project in Fernley, Nevada, will demonstrate the production of lithium at commercially relevant scales (TRL 9) using the company’s IX lithium extraction technology.

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USDA to award $11M loan guarantee to Oregon biorefinery

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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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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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The number of states with geothermal projects under development also increased, from 12 to 14 over the past six months, with the addition of two oil-field co-production projects in Louisiana and Mississippi. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. An additional project financed from these funds will be announced later this month.