Were the seeds of Silicon Valley Bank’s collapse planted by the Federal Reserve’s rapid rate increases? That is one of the debates ranging online over the weekend. Michael Green, chief strategist and ...
Tag: Plant
6 Ukrainian Civilians Dead After Russian Missile Strikes—Overnight Attack Means Europe’s Largest Nuclear Plant Is On Emergency Power
Topline At least six Ukrainian civilians are dead following overnight missile strikes across Ukraine Thursday, with the Zaporizhzhia nuclear power plant—Europe’s largest—shifting to emergency power as...
Siemens Is Boosting U.S. Passenger Train Production With A $220 Million North Carolina Plant
A newly built Brightline passenger train awaits shipment from Siemens Mobility’s rail factory in Sacramento, California. Brightline, Siemens Mobility Siemens, which says it’s already the biggest...
TeraWulf’s Nuclear Bitcoin Plant Is Just One Piece of the Green Mining Puzzle
In Northeast Pennsylvania, a unique Bitcoin mining experiment is about to come online. Called Nautilus, Terawulf is spinning up a nuclear-powered mining facility. First announced back in 2021, Terawul...
NIO Stock Down by 3%; EV Maker Planning a Battery Building Plant
Electric vehicle market is growing at a faster rate, especially in the United States as the government is focusing towards their national goal to attain net zero emissions in upcoming years. This migh...
Ford To Build $3.5 Billion Lithium Iron Phosphate Battery Plant In Michigan Using CATL Technology
Comparison of characteristics of nickel-manganese-cobalt cells and lithium-iron-phosphate Ford Ford today announced a plan to build a $3.5 billion factory in Marshall, Michigan to produce 35 GWh of li...
Ford Plans to Build EV Battery Plant in Michigan With Chinese Partner
(Bloomberg) — Ford Motor Co. and Contemporary Amperex Technology Co. Ltd. plan to build a battery plant in Michigan, according to people familiar with the matter, capping a monthslong search tha...
Tesla Pouring $3.6 Billion Into Nevada Plant For EV Battery, Semi Production
Tesla is investing $3.6 billion to expand its Gigafactory in Sparks, Nevada, to make 4680-cell batteries and electric Semi trucks. Tesla Tesla, the world’s biggest producer of electric vehicles, is ex...
Ioneer Lithium Stock Shoots Up On News Of A $700 Million Loan Commitment For A New Plant In Nevada
getty Key takeaways Ioneer secured a $700 million loan commitment from the U.S Department of Energy. The company still has to get final approval before mining can begin. Ford and Toyota have made shor...
Foxconn’s iPhone City Plant Runs at 90% Capacity
The factory’s unflinching efforts to manufacture products will turn out to be profitable for the upcoming lunar New Year shopping season. The Foxconn group has suddenly become a center of attraction a...
TSMC Setting Up Plant in Germany
In addition to its Germany plant, TSMC also plans to set up another plant in Japan Taiwanese semiconductor manufacturing company TSMC is reportedly discussing with key suppliers over building its firs...
A Fusion Power Milestone, A South Carolina Battery Plant And Fuel-Cell Powered Semis
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images Earlier this week, scientist...
Developer Of Revolutionary Carbon-Capturing Power Plant To Go Public Via SPAC With Gas-Fracking Rice Bros
Rodney Allam at NET Power’s pilot plant in La Porte, Texas, 2017. Michael Thad Carter, for Forbes The Rice Brothers — Danny, Toby and Derek — have made a fortune in the business of fracking shal...
Tesla Cofounder Aims To Rev Up U.S. EV Battery Market With $3.5 Billion South Carolina Plant
Redwood Materials is building a $3.5 billion near Charleston, South Carolina, as new battery plants are being built across the Southeast. getty Redwood Materials, the battery recycling and components ...
Taiwan Semiconductor Projects $10B In Revenue From Arizona Plant
Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) expects $10 billion in annual revenue from Arizona chip plants. TSMC eyed a second chip plant in Arizona and tripled its initial investment t...
TSMC Plans $40 Billion US Investment As Biden Visits Arizona Plant
Taiwan Semiconductor (TSM) – Get Free Report, the world’s biggest contract chipmaker, is set to unveil plans for a second manufacturing site in Arizona Tuesday, taking its overall U.S. in...
Taiwan’s GlobalWafers Breaks Ground On First U.S. Silicon Wafer Plant In More Than Two Decades
GlobalWafers’ logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA … [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images I wrote las...
Here’s what protests at Foxconn plant mean for the Apple stock
Hundreds of workers at a Foxconn plant in China turned to violent protests this week after about a month of rather strict COVID restrictions. Apple’s holiday quarter is now in question That’s bad news...
Renault plans to harness geothermal energy and help heat plant
A Renault logo photographed in Bavaria, Germany. The French automotive giant says it’s targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovniov/Sopa Images | Lightrocke...
Offshore floating desalination plant aims to produce drinking water from the ocean
Ocean Oasis’ Gaia system has been designed to use wave power to desalinate water. Ocean Oasis Plans to use marine energy to desalinate water received a further boost this week, after a Norwegian...
Russia relaunches Soviet-era Moskvich car brand using a former Renault plant
The relaunch of Moskvich vehicles comes as Russia strives for a self-sufficient economy as the country’s finances continue to be choked by sanctions and other ramifications of its invasion of Uk...
U.S. Commerce Secretary To Attend Ceremony At TSMC’s New $12 Billion Chip Plant In Arizona On Dec. 6; Biden Invited
Katherine Tai, US trade representative, right, shakes hands with Morris Chang, founder of Taiwan … [+] Semiconductor Manufacturing Company (TSMC), at the Asia-Pacific Economic Cooperation (APEC)...
Rivian Under Scrutiny As Employees Allege Safety Breach At Illinois Plant
At least a dozen employees at Rivian Automotive, Inc (NASDAQ: RIVN) accused the electric-vehicle maker of safety violations at its Illinois plant, Bloomberg reports. The complaints filed with federal ...
Freeport LNG Says It Hopes for Restart of Texas Plant in December
Freeport said production could reach 2 billion cubic feet per day in January, and full production could be back in March 2023. Photo: MARIBEL HILL/Maribel Hill via REUTERS Nov. 18, 2022 12:44 pm ET | ...
Asia Power Businesswoman Doris Hsu Talks About GlobalWafers’ New $5 Billion U.S. Plant, Daring Yourself To Achieve
Geopolitical concerns are “a very important point” for customers, Hsu said GlobalWafers The U.S. is working to boost domestic production of semiconductors, and passage of the $52 billion C...
Redwood Materials To Supply Cathodes For Panasonic’s Kansas EV Battery Plant
Redwood Materials is building a plant in Nevada to make anode and cathode materials for electric vehicle batteries. Redwood Materials Redwood Materials, a battery recycling and components company star...
Tesla Supplier To Commence Kansas EV Battery Plant Construction In November
Tesla, Inc (NASDAQ: TSLA) battery supplier Panasonic Holdings Corp (OTC: PCRFF) (OTC: PCRFY) aimed to start building a new battery plant in Kansas in November, with mass production by March 2025. Pana...