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May 18, 2024

Employment & Economic Impact

DOE
DOE Announces $275 Million for Clean Energy Supply Chain

The Department of Energy said it would provide $275 million for seven projects around the country that are meant to bolster domestic clean energy supply chains.

KORE Power
LPO Announces $850M Conditional Loan for Ariz. Battery Cell Plant
DOE conditionally approved an $850 million loan for KORE Power's battery cell plant under construction in Arizona, which will power up to 28,000 EVs annually.
Raritan Valley Community College
NJ Push for 100% Clean Electricity Meets Opposition
A bill to require that only clean electricity be sold in New Jersey by 2035 has stalled over concerns from environmentalists, labor groups and solar developers.
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RGGI Studies Find Economic Benefits for Participants, Little Impact to Pa. Energy Prices
Two recent reports found that participation in RGGI produces economic benefits and that Pennsylvania would see a small change in power prices should it join.
NREL
Biden Veto Upholds 2-year Moratorium on Solar Tariffs
President Biden vetoed a resolution to end the moratorium on solar tariffs imposed on equipment produced in Cambodia, Malaysia, Thailand and Vietnam.
Shutterstock
USDA Announces $10.7B for Rural Clean Energy Projects
USDA announced $10.7 billion in funding from the Inflation Reduction Act to help rural electric cooperatives fund zero-emission and carbon capture projects.
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In Climate Leader NY, Energy Workforce Rising from Ground Up
One at a time, New York apprenticeships and vocational schools are training the thousands of workers needed to meet the state's ambitious clean energy goals.
University of Michigan Energy Institute
Vision for U-M EV Center: Building Ecosystem Where Auto Industry was Born
The University of Michigan's new $130 million Electric Vehicle Center will seek to develop an EV ecosystem "where the modern auto industry was born.”
Heitman, LLC
NJ Launches $80M Clean Energy Loan Fund for Small Business
New Jersey’s EDA is accepting applications for matching loans of up to $10 million to small businesses seeking to make clean energy investments.
Shutterstock
Clean Energy Startups Earn Millions in California Energy Commission Grants
The awards will fund producers of smart conductors, heat pumps, energy-producing windows and technology to detect flaws during batter manufacturing.

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