Biden administration announces $3B for battery projects
The Biden administration on Friday announced that it has selected 25 battery technology projects to receive $3 billion in federal funding.
The projects receiving federal funds pertain to various aspects of battery production, including mineral extraction and refining, battery recycling and battery materials manufacturing.
The funds come from the 2021 Bipartisan Infrastructure Law and will go to projects in 14 states.
Batteries are an important piece of the transition to more climate-friendly energy sources. They can help store solar and wind power when it’s not sunny or windy. Electric vehicles are also battery-powered.
The administration said the projects will support more than 8,000 construction and 4,000 operating jobs.
The selected projects are still subject to environmental review and other negotiations with the Energy Department, so they may not all ultimately receive funding.
Date: | |
Tag: | Joe Biden |
-
Yahoo Sports - Sports
NHL Announces Rule Changes for 2024-25 Season
The NHL recently announced changes to five rules, which will go into effect for the upcoming 2024-25 season.13 hours ago - NHL -
Financial Times - Business
UK government borrowing overshoots in blow to Reeves
Public debt hits 100% of GDP in August as chancellor prepares for first Budget3 hours ago - United Kingdom -
The New York Times - World
Biden Will Take Cancer ‘Moonshot’ Global at Summit in Delaware
The president will join the leaders of Australia, India and Japan to announce a new initiative for reducing cervical cancer in the Indo-Pacific, a region with especially high rates of the disease.2 hours ago - Joe Biden -
CBS News - Top stories
Can Biden surpass Trump's number of judicial nominations?
President Biden is poised to match or even surpass former President Donald Trump's 234 confirmations to the federal courts.1 hour ago - Joe Biden -
Financial Times - World
Von der Leyen in Kyiv to announce fresh EU loan to Ukraine
European Commission president to discuss G7 funding plans with Volodymyr Zelenskyy3 hours ago - Ukraine -
Yahoo Sports - Sports
Canucks Rick Tocchet Reflects On Former Teammate Jaromír Jágr Following Retirement Announcement
Rick Tocchet and Jaromír Jágr were teammates for multiple years, winning a Stanley Cup together in 1992.14 hours ago
More from The Hill
-
The Hill - Politics
How USAGM officials misused taxpayer resources to attack their critics
USAGM officials have been using taxpayer funds to provide legal and logistical assistance to outside individuals to smear media critics, including British academics who wrote a book about Michael ...49 minutes ago -
The Hill - Politics
Morning Report — Government funding up in the air
Lawmakers in the House are launching plan B to avert a government shutdown at the end of the month. Speaker Mike Johnson (R-La.) failed to pass plan A, a six-month stopgap bill with a non-citizen ...1 hour ago -
The Hill - Politics
Conservatives play offense on higher education
Conservatives have secured multiple victories in the higher education space the past few years, taking advantage of missteps by opponents and a more aggressive movement that is unlikely to slow ...1 hour ago -
The Hill - Politics
GOP, Secret Service clash as calls to up Trump's protection face complications
The multilayered nature of presidential and candidate security is complicating calls for former President Trump to have the same level of protection as a sitting president, prompting a Republican ...1 hour ago - Donald Trump -
The Hill - Politics
DeSantis steps into spotlight after Trump assassination attempt
Florida Gov. Ron DeSantis is taking on a front-and-center role in the response to the second assassination attempt against former President Trump, catapulting him back onto the national political ...1 hour ago - Donald Trump