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Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

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President Obama announced that the Department of Energy has offered conditional commitments for a total of $8.33 billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, Georgia. —President Obama.

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President Obama launches $500M Advanced Manufacturing Partnership; Ford involved as an initial partner

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US President Barack Obama today launched the Advanced Manufacturing Partnership (AMP), a national effort bringing together industry, universities, and the federal government to invest in emerging technologies such as information technology, biotechnology, and nanotechnology.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Georgia Power. Southern Company: Georgia Power. Southern Company: Georgia Power. Dayton Power & Light Company. Duke Energy. Edison Electric Institute. Electric Drive Transportation Association (EDTA). Eversource Energy. Florida Power and Light Company. General Motors. Hawaiian Electric. Hawai`i Electric Light. Maui Electric.

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Obama Administration launches $200M Big Data Research and Development Initiative

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SDAV is a collaboration tapping the expertise of researchers at six laboratories: Argonne, Lawrence Berkeley, Lawrence Livermore, Los Alamos, Oak Ridge, and Sandia national laboratories and in seven universities: Georgia Tech, North Carolina State, Northwestern, Ohio State, Rutgers, the University of California at Davis, and the University of Utah.

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USDA to award $11M loan guarantee to Oregon biorefinery

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Since the start of the Obama Administration, USDA has invested $765 million in nine biorefineries that have produced 150.1 USDA has financed projects in Florida, Georgia, Iowa, Louisiana, Michigan, Nevada, New Mexico, North Carolina and Oregon. million gallons of advanced biofuels.

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UPS to invest $100M more in compressed natural gas, CNG vehicles and related infrastructure

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This investment builds on the company’s existing 18 CNG fueling stations in Alabama, California, Colorado, Georgia, Kansas, Kentucky, Louisiana, Oklahoma, Pennsylvania, Texas, Virginia and West Virginia and operates CNG vehicles in Germany, the Netherlands and Thailand.

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DOE to provide up to $450M for design and commercialization of small modular nuclear reactors

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The smaller size also makes SMRs suited for small electric grids and for locations that cannot support large reactors, offering utilities the flexibility to scale production as demand changes.

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