NSF Engines muster local resources to compete with Silicon Valley and Boston

The recently awarded NSF Engine Type 1 development awards are intended to bring technology-based economic development to vast swaths of the US landscape, including those that Silicon Valley and Boston have long overshadowed. This week we kick off an examination of some of the proposals led by SSTI members that were selected by NSF for funding.

DOE signals intention to approve $2 billion in loan commitments for EV battery production

The U.S. Department of Energy’s (DOE) Loan Program Office (LPO) has announced a conditional loan commitment of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in McCarran, Nevada. If approved, the project would support production in a fully closed-loop lithium-ion battery manufacturing process by recycling end-of-life battery and production scrap and remanufacturing it.

$2.8B announced for manufacturing EV batteries and grid

In a move to strengthen the domestic manufacturing of batteries for electric vehicles (EVs), the U.S. Department of Energy (DOE), announced $2.8 billion for 20 companies in 12 states to extract and process battery materials and manufacture components while creating good-paying jobs. The projects will be funded by the Bipartisan Infrastructure Law and will be matched by recipients to leverage more than $9 billion for the production of clean energy.

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