US Plans $7.5B Loan for Stellantis, Samsung JV for Battery Factories

If given the final go-ahead, Stellantis and Samsung’s StarPlus Energy joint venture will use the financing for lithium-ion battery cell and module manufacturing plants in Indiana.

Oxy Aims to Expand Lithium Tech to Arkansas

Occidental Petroleum CEO Vicki Hollub confirms the Arkansas leases with its TerraLithium subsidiary that could expand its joint venture with Warren Buffett’s BHE Renewables.

Energy Transition in Motion (Week of Nov. 22, 2024)

Here is a look at some of this week’s renewable energy news, including the ranking of top corporate solar users in the U.S.

RWE Acquires Majority Interest in R3 Renewables

RWE said it will acquire seven potential renewable projects in Indiana and Illinois. 

National Renewable Solutions Raises $145MM for Solar, Storage Project in New Mexico

National Renewable Solutions’ Shallow Basket Project’s construction, financed by Deutsche Bank, is currently underway.

Exxon Mobil, LG Chem Ink Deal for Lithium Carbonate

As part of the nonbinding offtake agreement announced Nov. 20, Exxon will supply lithium from its planned project to LG Chem’s cathode plant in Clarksville, Tennessee.

MVP Lithium Taps Evove to Commission DLE Plant in Canada

Midas Vantage Projects Lithium said the plant will be located in the Montney Formation in Canada and is considered a “promising new lithium resource.”

Energy Transition in Motion (Week of Nov.15, 2024)

Here is a look at some of this week’s renewable energy news, including an agreement for the supply of oxide fuel cells to meet energy data center needs.

Lyten Buys Cubert’s California Battery Manufacturing Facility

Lyten said it plans to invest up to $20 million to convert the 119,000-sq-ft facility, in San Leandro, California, to produce lithium-sulfur batteries.

Gradiant’s alkaLi Says EC2 Tech Hits 97% Lithium Recovery

alkaLi, a spin-out of water treatment company Gradiant, said its EC2 technology is guaranteed to achieve over 95% lithium recovery for battery-grade conversion.