Loan

Biden Administration To Loan $1.5 Billion To Restart Shuttered Palisades Nuclear Plant In Southwest Michigan

COVERT TOWNSHIP  - The Biden administration on Wednesday announced a $1.5 billion loan to restart a Michigan nuclear power plant. The loan, made through the Energy Department’s Loan Program’s Office with Inflation Reduction Act funds, will allow Holtec to restart the Palisades Nuclear Plant in Covert Township. The restoration, if approved by the Nuclear Regulatory

By |2024-03-27T17:45:14-04:00March 27th, 2024|Featured, News|

Ford Gets $9.2 Billion DOE Loan To Build 3 EV Factories

DEARBORN - The U.S. Department of Energy (DOE) announced that it will be giving Ford a $9.2 billion loan to build electric vehicle factories. This loan, which Ford will be using to build three separate factories, will substantially increase the American car manufacturer’s capacity for building vehicles that do not rely on gas. “Not since

By |2023-07-23T16:20:20-04:00July 23rd, 2023|Auto Tech, Featured|