Tag: job creation
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First Solar massive $1.1 billion US manufacturing expansion
Building for a sustainable future: Upping US solar capacity with 3.5 GW addition First Solar Inc., a leading American solar technology company, has recently unveiled plans to significantly expand their manufacturing capacity within the United States. The company intends to invest up to $1.1 billion in a new production facility, contributing to America’s ability to…
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KORE Power: $850 million for advanced battery manufacturing
U.S. Department of Energy supports domestic lithium-ion battery production in Buckeye, AZ. KORE Power, Inc. (KORE), leading U.S.-based developer of battery cell technology, has secured a conditional commitment of $850 million from the U.S. Department of Energy’s Loan Programs Office (LPO). This key financial injection will support the construction of the company’s state-of-the-art battery cell…
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Enel’s new solar panel manufacturing facility in Oklahoma
An investment exceeding $1 billion to bring over a thousand jobs and spearhead renewable energy in the U.S. Enel North America has chosen Inola, Oklahoma as the location for one of the largest solar photovoltaic (PV) cell and panel manufacturing facilities in the country. With the construction set to commence in the fall of 2023,…
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GM and Samsung SDI expand U.S. battery cell manufacturing
Over $3 billion investment aims to boost GM’s electric vehicle production General Motors and Samsung SDI have announced a joint investment of more than $3 billion to establish a new battery cell manufacturing plant in the United States. With operations set to begin in 2026, the plant aims to scale up GM’s electric vehicle (EV)…