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Department of Energy

  • U.S. Department of Energy Associate Deputy Secretary of Energy Alex Fitzsimmons speaks Thursday in the town of Duncan, South Carolina.
    SC News
    Duke Energy granted $50 million to help improve power grid in the Carolinas
    Luis-Alfredo Garcia
    In a joint announcement with the U.S. Department of Energy, Duke Energy revealed it was set to receive $50 million in federal funding for power grid improvements in South Carolina and North Carolina.
  • Energy Secretary Jennifer Granholm gets into the passenger seat after test driving a Ford F-150 Lighting all electric vehicle during a visit to the Washington Auto Show in Washington, Wednesday, Jan. 25, 2023. (AP Photo/Andrew Harnik)
    News
    Battery recycling firm wins $2B loan from Energy Department
    Matthew Daly/Associated Press
    A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration. Redwood Materials, a recycling venture founded by the former chief technology officer at Tesla, secured a conditional loan from the Energy Department's Advanced Technology Vehicles Manufacturing program, which helped Tesla more than a decade ago. Energy Secretary Jennifer Granholm was set to tour Redwood's facility in Nevada with Nevada Gov. Joe Lombardo on Thursday. Redwood recently announced plans to build a new $3.5 billion battery manufacturing and recycling factory in South Carolina.