Thanks to the HISTORIC Federal ⚡️clean energy investments of the past 1-2 years, we have reached an inflection point.
Jobs & businesses are being created at an INCREDIBLE pace & this 🧵is my attempt to capture our economic progress. 👇
LMK about projects I've missed!
Jobs & businesses are being created at an INCREDIBLE pace & this 🧵is my attempt to capture our economic progress. 👇
LMK about projects I've missed!
Passage of the #inflationreductionact #chipsact #bipartisaninfrastructure & @POTUS EO’s have supercharged Federal investments in the clean energy economy.
No doubt they have changed “the narrative from risk mitigation to opportunity capture.” 👇
theatlantic.com/science/archiv…
No doubt they have changed “the narrative from risk mitigation to opportunity capture.” 👇
theatlantic.com/science/archiv…
@Honda & @LGEnergyGroup are planning a $4.4 Billion EV Battery Factory in Ohio:
wsj.com/articles/honda…
wsj.com/articles/honda…
IRA drives $1.2 billion by @FirstSolar:
"First Solar plans to invest $1 billion in a new fully vertically integrated factory based in the Southeast and an additional $185 million for upgrading and expanding its existing footprint in northwest Ohio."
finance.yahoo.com/news/first-sol…
"First Solar plans to invest $1 billion in a new fully vertically integrated factory based in the Southeast and an additional $185 million for upgrading and expanding its existing footprint in northwest Ohio."
finance.yahoo.com/news/first-sol…
Following IRA @ArcelorMittal & TPG Inc. part of a $450 million investment in long duration battery start up:
wsj.com/articles/long-…
wsj.com/articles/long-…
Major news from LG Energy which is ready to open 6 EV oriented plants by 2025:
asia.nikkei.com/Business/Techn…
asia.nikkei.com/Business/Techn…
Michigan also has been in the news with a major success - winning a $1.6 billion battery factory which will provide great EV jobs:
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
California based @Innovatingenerg Sparkz made a terrific West Virginia focused announcement - the new plant will produce cobalt-free batteries.
@Sen_JoeManchin was the key to passage of IRA & we are expecting a lot more #cleanenergy jobs in his state.
apnews.com/article/techno…
@Sen_JoeManchin was the key to passage of IRA & we are expecting a lot more #cleanenergy jobs in his state.
apnews.com/article/techno…
And @IBM announced an incredible $20 billion investment in CHIPS that will help everything from EV to Solar to Wind production:
news.yahoo.com/ibm-announce-2…
news.yahoo.com/ibm-announce-2…
And as @BrianDeeseNEC noted, a $5 billion commitment by Wolfspeed is bringing the manufacturing of computer chips for EVs to North Carolina!
wraltechwire.com/2022/09/09/wol…
wraltechwire.com/2022/09/09/wol…
@alizaidi46 has a great snapshot of some other great clean energy projects creating jobs across the country:
https://twitter.com/alizaidi46/status/1565167080835633156?s=20&t=cEMyeI_zmWTJfR5tBnJskg
This map from @EvelinaStoikou & @YayoiSekine & @bloombergNEF has some terrific, related information:
https://twitter.com/EvelinaStoikou/status/1577413656941305858?s=20&t=sR1wb9ztJWoIT7aR6YlPtg
And of course, we have an EV network that is being built out nationwide - generating jobs, investments etc.
apnews.com/article/techno…
apnews.com/article/techno…
"REC Silicon and Mississippi Silicon agreement bolsters U.S. solar supply chain":
pv-magazine.com/2022/08/24/rec…
pv-magazine.com/2022/08/24/rec…
Kia announced they will be starting production in the US in 2024 thanks to IRA!
electrek.co/2022/09/19/kia…
electrek.co/2022/09/19/kia…
"Piedmont Lithium announced Thursday that it plans to build a lithium refining plant in Tennessee.
Once fully operational the facility would provide enough lithium for 500,000 electric vehicles a year..."
cnbc.com/2022/09/01/min…
Once fully operational the facility would provide enough lithium for 500,000 electric vehicles a year..."
cnbc.com/2022/09/01/min…
And @panasonic has announced they are building a second $4 billion US EV plant.
pv-magazine-usa.com/2022/08/29/pan…
pv-magazine-usa.com/2022/08/29/pan…
Great to see @Toyota committing another $2.5 billion to its NC battery plant:
nytimes.com/2022/08/31/bus…
nytimes.com/2022/08/31/bus…
Great news from Piedmont Lithium - they are planning a lithium refining plant in Tennessee - it "would provide enough lithium for 500,000 electric vehicles a year"
cnbc.com/2022/09/01/min…
cnbc.com/2022/09/01/min…
More joy for South Carolina! Big investment in fuel stacks:
"The fuel cell stacks produced in the facility will drive hydrogen-powered trucks coming to U.S. roads in the next few years, the company said."
usnews.com/news/top-news/…
"The fuel cell stacks produced in the facility will drive hydrogen-powered trucks coming to U.S. roads in the next few years, the company said."
usnews.com/news/top-news/…
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