DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

MEMORANDUM

To: Interested Parties

From: Deputy Secretary Wally Adeyemo

Date: August 16, 2023

Re: Inflation Reduction Act – Year 1

One year ago, Congress passed, and the President signed, the Inflation Reduction Act into law. 

This marked the single most significant legislation to combat climate change in American history 

and one of the largest investments into the American economy in a generation. 

Already, the investments and our implementation have borne fruit: over the past year, the law 

has unleashed an investment and manufacturing boom in the United States unlike anything seen 

in decades. Companies have announced nearly 200 new projects totaling over $110 billion of 

investment in building America’s clean energy economy. Treasury analysis released this 

week points out these announced investments in clean energy, electric vehicles, and 

batteries are concentrated in communities with lower wages, lower college graduation 

rates, and lower employment rates.

According to one estimate, China has historically spent over $400 billion per year on industrial 

policy, largely through direct subsidies to firms and below-market credit to state-owned 

enterprises. Our strategy, by contrast, uses modest incentives to promote private investment. By 

doing so, the Inflation Reduction Act will unlock $3 trillion of investment in America for 

renewable energy technology.

While more productivity gains and long-term economic growth will come in years to follow, we 

already see progress in three key metrics:

• Creating good-paying jobs across the United States, especially in disadvantaged 

communities;

• Strengthening our energy security to build resilience to geopolitical risks and other 

potential economic shocks; and, 

• Tackling climate change by accelerating the development, adoption, and deployment of 

clean energy technologies. 

Creating Good-Paying Jobs

A central tenet of the Inflation Reduction Act is spurring job creation across the United States. 

These investments in clean energy are a prime example of Secretary Yellen’s modern supplyside economics framework—harnessing government action to promote growth while addressing 
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WASHINGTON, D.C.

climate change and inequality. Not only do these investments generate long-term economic 

growth for the whole country, but they also create jobs in disadvantaged communities. 

Over the past twelve months, we’ve seen these investments start to translate to American jobs:

• The following 70-page list of investment announcements details the tens of thousands of 

jobs being created in communities across the country, from Colorado Springs to 

Minneapolis, Albuquerque to Toledo.

• The annual economic opportunity for workers in the wind and solar industries will grow

by $220 billion per year in wages by 2035

• Moving forward, clean energy investments could support over 1.5 million clean energy 

jobs in the United States by 2030.

Strengthening Our Energy Security

Events of the past year – from climate emergencies and supply chain snarls to Russia’s 

weaponization of exports – have further demonstrated the acute need to invest in our energy 

security and transition. The Inflation Reduction Act equips us to do so by accelerating the 

development and deployment of clean energy, including key supply chains. Getting clean 

technologies to market faster, supported by reliable supply chains for essential components, is 

key to building a resilient energy sector, while also ensuring that lower energy costs for 

Americans are not dependent on unreliable geopolitical actors. 

• Estimates suggest the Inflation Reduction Act can also help bring down the costs of 

certain emerging technologies by as much as 25 percent, and position America as the 

global leader in these areas.

• Analysts now expect twice as much wind, solar, and battery storage deployment over the 

next seven years compared to the base case without the law. One analysis found that the 

typical American household could save around $200 per year just on their electric bills.

• Households that take advantage of the electric vehicle incentives can save thousands per 

year on energy and fuel costs, as electric vehicle drivers will see their fuel costs go down

by about 60 percent.

Tackling Climate Change

Curbing carbon emissions necessitates the development and adoption of clean energy. For too 

long, the United States has lagged in making the adequate investments needed to accelerate a 
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clean energy transition. The incentives in the Inflation Reduction Act have positioned the United 

States to lead on clean energy and meet our goals. 

• With the Inflation Reduction Act, the President’s 2030 emissions reduction goal is within 

reach. A slew of independent studies suggest the Inflation Reduction Act will drive 

significant emissions reductions.

• As the Inflation Reduction Act drives lower costs of emerging climate technologies, these 

technologies will be deployed globally, and eventually can reduce hundreds of millions 

of tons of emissions around the world each year. 

• Increased deployment of clean energy and reduced particle pollution improve people’s 

day-to-day lives. For example, due to our investments, we can avoid thousands of 

premature deaths and asthma attacks. 

These incentives and investments are, of course, part of our broader, whole-of-government 

approach to climate change. For instance, other policies like the Bipartisan Infrastructure Law 

and further steps to upgrade our electric grid infrastructure will all contribute to major climate 

progress in the years to come. These federal policies run in tandem and in partnership with state, 

local, and private-sector action and market forces.

Next Steps 

In our first year of implementation, the Treasury Department has focused on achieving three 

goals: creating good-paying jobs, strengthening our energy security, and tackling the climate 

crisis. Our efforts have stretched across the Department, including the Office of Tax Policy, 

Climate Hub, Inflation Reduction Act Program Office, and the Office of the Deputy Assistant 

Secretary for Management and Budget. At the same time, the Treasury Department is working 

closely with the IRS to modernize the agency’s customer service and technology and ensure the 

Inflation Reduction Act’s clean energy tax incentives are delivered accurately and seamlessly. 

The Treasury Department has prioritized the pieces of guidance that will provide maximum 

economic, energy security, and climate benefits. Treasury will complete the first phase of 

implementation in the coming weeks, having provided information or proposed guidance for the 

Investment and Production Tax Credits’ cross-cutting bonus provisions, as well as new credit 

monetization provisions that are a force multiplier for job creation and clean energy deployment. 

Treasury will announce plans for phase two of implementation in September.

At Treasury, we are focused on implementing the clean energy tax provisions as quickly as 

possible. On the day of the law’s enactment, Treasury issued guidance on the electric vehicle tax 

credit and worked to ensure consumers could easily find a list of eligible vehicles online. Since 

then, Treasury and the Internal Revenue Service have issued 38 pieces of guidance on the clean 
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energy provisions, while engaging with hundreds of stakeholders and reviewing nearly 5,000 

comments.
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Clean Energy Investments Announced Since Passage of Inflation Reduction 

Act

August 10, 2023

Albuquerque, New Mexico

Maxeon Seeks to Spend $1.2 Billion Building Biggest US Solar Factory

Maxeon Solar Technologies Ltd. plans to spend $1.2 billion to build the biggest US factory for 

polysilicon solar panels, as President Joe Biden’s landmark climate legislation continues to boost 

domestic clean-energy manufacturing.

Construction on the plant in Albuquerque, New Mexico, is set to start in the first quarter with 

production expected to begin in 2025, the Singapore-based firm said Thursday in a statement. 

The facility will be able to produce as much as 3 gigawatts of solar cells and panels a year, 

doubling Maxeon’s manufacturing capacity. A gigawatt is enough to power about 173,000 

American homes.

August 7, 2023

Las Vegas, Nevada

Solar parts manufacturer Unimacts plans to triple operations in Nevada

It’s been one year since the wide-ranging Inflation Reduction Act was passed, and a 

manufacturing company credits the legislation for its recently opened Las Vegas location.

Unimacts hired 80 people and opened a manufacturing facility that makes metal torque tubes in 

Las Vegas at the start of 2023 thanks to the Inflation Reduction Act or the IRA, CEO Matt 

Arnold said. The metal tubes allow solar panels to rotate during the day, boosting efficiency by 

about 10 percent.

“We wouldn’t be here without the IRA — full stop,” he said.

At its Las Vegas facility, located in the shadow of The Orleans, Unimacts can make enough 

torque tubes in a year to support two gigawatts worth of solar panels. But Arnold said the 

company is looking to triple the size of its operations in the near future to build enough capacity 

to support six gigawatts worth of solar panels and employ over 200 people.

August 2, 2023

Loudon, Tennessee

Hanon Systems bringing 600 new jobs to Loudon County

Six-hundred new jobs are coming to Loudon County. Governor Bill Lee and state economic 

development leaders announced that Hanon Systems will establish a new manufacturing 

presence in the county.
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Hanon Systems is a leading supplier of thermal and energy management solutions for the 

automotive industry. The company employs more than 22,000 people across 21 countries and is 

headquartered in South Korea. Now, the company is coming to Tennessee.

According to the state, Hanon Systems is investing nearly $170 million to establish a new 

facility in Huntingdon Park in Loudon. Bradshaw added that the company will also have a 

competitive pay scale, and the TVA said the company will help attract and retain jobs in the area.

August 2, 2023

Kyle, Texas

XCharge NA’s New Texas Facility Boosts EV Charging Solutions

XCharge North America (NA) has announced the establishment of a 3,500 square foot 

manufacturing facility in the Greater San Marcos area, Texas, in the City of Kyle. This facility is 

aimed at conducting research, development, distribution, and services for its central electric 

vehicle (EV) charging solutions. In the pipeline is the company’s strategy to expand the facility 

to approximately 20,000 square feet in the upcoming years.

XCharge NA’s new facility holds great significance due to its potential to enhance the 

accessibility of local EVs. With merely 20 public-access Level-2 and DC Fast charging stations 

serving a population exceeding 68,000 within San Marcos city limits and surrounding counties, 

the company’s effort can greatly facilitate EV usage. Its plans align with the green initiatives set 

forth by the Biden Administration, as well as support local community initiatives and events, 

ultimately expanding job opportunities.

July 24, 2023

Colorado Springs, Colorado

Meyer Burger announces solar cell production facility in Colorado Springs

Another international business has chosen to call Southern Colorado home and looks to bring 

hundreds of jobs with it. Meyer Burger, a Switzerland-based company will open a highperformance solar cell manufacturing facility in Colorado Springs in 2024.

“Meyer Burger’s technologies are found in most solar modules produced worldwide, and their 

decision to land in Colorado Springs adds to our growing advanced manufacturing sector,” said 

Johnna Reeder Kleymeyer, President and CEO of the Colorado Springs Chamber & Economic 

Development Corporation (Chamber and EDC) explained. “The new Colorado Springs footprint 

will be Meyer Burger’s first site in the Western Hemisphere to manufacture the chips and wafers 

that power cutting-edge solar technology.”

Production at the Colorado Springs manufacturing plant is planned to start during the second half 

of 2024. Meyer Burger expects to create more than 350 jobs with an average annual wage of 

nearly $78,000.
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WASHINGTON, D.C.

July 24, 2023

Minneapolis-St. Paul, Minnesota

Canada’s Heliene plans new US solar panel and cell factory

July 24 (Reuters) - Canadian solar panel maker Heliene is planning a major expansion of its U.S. 

manufacturing operations with a new Minnesota factory that will produce both modules and 

cells, its chief executive told Reuters.

The company, which already makes panels in Iron Mountain, Minnesota and Ontario, Canada, is 

the latest to commit to new U.S. solar production since passage last year of President Joe Biden's 

Inflation Reduction Act, which incentivizes domestic manufacturing of clean energy equipment 

with tax credits for both producers and buyers.

Heliene, which is privately held, will spend about $145 million on the new facility, which will 

be in the Minneapolis-St. Paul area. It will have an annual capacity of about one gigawatt of 

modules and 1.5 gigawatts of cells, CEO Martin Pochtaruk said in an interview last week.

July 24, 2023

Location Not Yet Determined

Stellantis, Samsung SDI will team to build a second EV battery plant in the United States

Stellantis NV's third battery manufacturing plant in North America will be built with Korean 

battery partner Samsung SDI in the United States, the companies said Monday.

The exact location of the second plant under the existing StarPlus Energy joint venture wasn't 

disclosed with the announcement of a signed memorandum of understanding, whose execution is 

subject to definitive documentation. The facility is expected to begin production in 2027 with an 

initial annual production capacity of 34 gigawatt hours. A dollar amount wasn't shared.

June 26, 2023 

Brownsville, Tennessee

Enchem America Inc. to Locate US Manufacturing Operations in Brownsville

Tennessee Gov. Bill Lee, Department of Economic and Community Development 

Commissioner Stuart McWhorter and Enchem America Inc. officials announced today the 

company will invest $152.5 million to establish electrolyte manufacturing operations in 

Brownsville, Tennessee. Located at the I-40 Advantage Industrial Park, a Select Tennessee 

Certified Site, the new facility will be Enchem’s second U.S. plant. The project will create 190 

new jobs in Tier 4, At-Risk Haywood County. The Brownsville facility will operate similarly to 

Enchem’s U.S. headquarters in Commerce, Georgia, and will manufacture electrolytes for 

electric vehicle (EV) batteries as well as other EV battery-related services. 

Enchem America Inc. is a subsidiary of Enchem Co., Ltd., which is based in South Korea. The 

company specializes in the development and manufacturing of electrolytes and other additives 
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for rechargeable batteries. With the additional Tennessee operations, Enchem will be able to 

further support its EV partners across the Southeast.

June 23, 2023

Locust Grove, Georgia

Valdosta Today: Electric vehicle parts supplier to invest in new GA facility

[A]utomotive parts manufacturer NVH Korea will establish a new facility in Locust Grove. The 

project will create over 160 new jobs and bring $72 million in investment to Henry 

County...NVH Korea is an automotive parts manufacturer based in the City of Ulsan and 

established in 1984. The company specializes in automotive noise, vibration, and heat-control 

parts, which it currently produces in Korea, Europe, and India. The company also operates a 

manufacturing facility that produces floor mats, cargo mats, and cargo trays in Georgia. The new 

facility will supply battery parts for electric vehicles (EVs) in the United States for 

manufacturers such as Hyundai Mobis, Kia Georgia, and Hyundai Motor Group.

June 22, 2023

Brighton, Colorado

Solar manufacturer announces plans for Brighton location

Brighton will be home to a solar manufacturing facility along Interstate 76, the Polis 

administration announced June 22. The Colorado Office of Economic Development and 

International Trade announced today that VSK Energy Inc. will expand into Brighton, bringing 

as many as 900 new jobs to the area.

The company plans to move into the 76 Commerce Center, row of warehouses along Interstate 

76 just north of Brighton’s 160th Avenue in 2024. The company would share the site with 

autonomous warehouse equipment manufacturer Outrider.

VSK Energy Inc., a U.S.-based joint venture between several international solar manufacturers, 

announced plans to invest $250 million to develop an American solar photovoltaic module 

manufacturing facility projected to create over 900 net new jobs.

June 20, 2023

Alpena, Michigan 

HOLCIM US ANNOUNCES MILESTONE SOLAR INITIATIVE IN MICHIGAN TO 

ACCELERATE DECARBONIZATION EFFORTS

Holcim US today announced a milestone clean energy investment in northeast Michigan with a 

new partnership to bring the company’s largest solar project in the Midwest to its cement plant in 

Alpena. When combined with existing renewable energy efforts, the solar initiative will help the 

plant self-generate 75 percent of its electric power needs with green energy—an important step 
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toward fulfilling Holcim’s pledge to power all of its US operations with 100 percent renewable 

energy by 2030.

Holcim is a global leader in innovative and sustainable building solutions. Driven by its purpose 

to build progress for people and the planet, its 60,000 employees are on a mission to decarbonize 

building, while improving living standards for all. The company empowers its customers across 

all regions to build better with less, with its broad range of low-carbon and circular solutions, 

from ECOPact to ECOPlanet. With its innovative systems, from Elevate’s roofing to PRB’s 

insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green 

retrofitting. With sustainability at the core of its strategy, Holcim is becoming a net-zero 

company with 1.5°C targets validated by SBTi.

In the United States, Holcim US includes nearly 350 sites in 43 states and employs 7,000 people. 

Our customers rely on us to help them design and build better communities with innovative 

solutions that deliver structural integrity and eco-efficiency. 

June 18, 2023

Canyonville, Oregon 

Renewable energy company plans to construct solar power facility in Canyonville

CANYONVILLE — SolRiver Capital, a Denver, Colorado-based green energy investment firm, 

announced in May that it plans to construct a 4 MW solar energy project in the Canyonville area, 

as part of the Oregon Community Solar Program.

The Oregon Community Solar Program, introduced in 2016 by the Oregon legislature, allows 

customers of Portland General Electric, Pacific Power and Idaho Power to subscribe to a local 

solar project — a large number of solar panels in a central location, commonly referred to as a 

solar farm — and earn credits on their utility bills for a portion of the electricity generated by the 

project, while reducing reliance on fossil fuels.

The Community Solar Program is open to both homeowners and renters, so those without the 

means to install their own solar panels can use the program as a way to utilize solar energy. 

SolRiver said that the project in Canyonville could power 523 homes per year.

June 15, 2023 

Mesquite, Texas

Canadian Solar Announces U.S. Module Manufacturing Facility in Mesquite, Texas

Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), headquartered in 

Guelph, Ontario, today announced that it is establishing a solar PV module production facility in 

Mesquite, Texas.

Canadian Solar is building a state-of-the-art solar photovoltaic module manufacturing plant with 

an annual output of 5 GW, equivalent to approximately 20,000 high-power modules per day. The 

new facility represents an investment of over $250 million and will create approximately 1,500 

skilled jobs once it is fully ramped up. Production is expected to begin around the end of 2023. 
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This will be Canadian Solar's first United States manufacturing facility, following its successful 

track record of production in Canada, China, Brazil, Thailand and Vietnam. In 2021, Canadian 

Solar relocated Recurrent Energy, its 17-year-old U.S. subsidiary, to Austin, spearheading the 

rapid growth of renewable energy in the Lone Star State as a solar and battery storage project 

developer.

June 14, 2023 

Crawfordsville, Indiana

Nucor Expands Indiana Investment with $115M Utility Structures Manufacturing Facility

Nucor Corporation (NYSE: NUE), the largest U.S.-based steel producer, today announced that 

the company’s Towers & Structures business unit will build a new state-of-the-art utility 

structures manufacturing facility in Crawfordsville, investing $115 million and creating up to 

200 new jobs by the end of 2027. 

“Nucor has been doing business in Indiana since 1972, and today we have more than 2,500 

teammates working at 20 different locations across the state,” said Laurent De May, General 

Manager of Nucor Towers & Structures. “We are excited to build on that history with our new 

Towers & Structures production facility. We appreciate the support we have received from state 

and local officials, including Governor Eric Holcomb, Secretary of Commerce, Brad Chambers, 

the Indiana Economic Development Corporation, Montgomery County and the City of 

Crawfordsville.”

June 08, 2023 

York Township, Michigan

Toyota to Build New Automotive Battery Lab at Michigan R&D Headquarters, Expanding 

Electrified Vehicle Development Capability in the U.S.

Toyota Motor North America, Inc. (Toyota) announced today that it will invest nearly $50 

million to construct a new laboratory facility at its North American R&D headquarters in York 

Township, Mich. to evaluate batteries for electric and electrified vehicles in North America. As 

part of its evaluation process, the new Michigan battery lab will ensure that Toyota’s batteries 

meet North American customer requirements by confirming performance, quality and durability 

of automotive batteries made by Toyota. Operations at the new battery lab are expected to begin 

in 2025.

June 07, 2023 

Dublin, Georgia
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Gov. Kemp: Woory to Open EV Parts Manufacturing, R&D Facility in Laurens County

Governor Brian P. Kemp today announced that Woory Industrial Co., Ltd., an automotive parts 

manufacturer, will establish a new manufacturing facility in Dublin, Georgia. The facility will 

create more than 130 new jobs and an estimated $18 million in investment in Dublin-Laurens 

County.

Woory Industrial Company, known as Woory, was established in 1989 and specializes in 

heating, ventilation, and air conditioning components and systems for the global automotive 

industry. Today, Woory not only maintains its traditional product lines but is also concentrating 

on the development of new products for electric vehicles (EV) and hydrogen-fueled cars.

June 01, 2023 

Mt. Vernon, Illinois

Company plans to invest $54M with new manufacturing facility in Mt. Vernon; create 

more than 60 jobs

Governor JB Pritzker, Manner Polymers and the Illinois Department of Commerce and 

Economic Opportunity joined local leaders and partners to announce Manner Polymer’s new 

facility. According to a release from the governor’s office, the new facility will manufacture a 

variety of PVC compounds, including automotive PVC compounds for use in electric vehicles 

and components for solar panels.

They say the facility will be powered by a 15-acre solar field located on site. Through an

incentive package from Reimagining Energy and Vehicles in Illinois, Manner Polymers plans to 

invest $54 million and create more than BU for the southern Illinois region.

May 31, 2023 

Liberty, North Carolina

Toyota Ramps Up Commitment to Electrification with U.S. BEV Production and 

Additional Battery Plant Investment

Advancing its commitment to vehicle electrification and building where it sells, Toyota will 

assemble an all-new, three-row, battery electric SUV at Toyota Kentucky starting in 2025. The 

company’s first U.S.-assembled BEV will be powered by batteries from Toyota North Carolina. 

The new battery plant, which is currently under construction, will receive an additional $2.1 

billion investment to support the company’s drive toward carbon neutrality.

May 26, 2023 

Alabama, New York

Plug Power plans $387 million STAMP plant expansion

Plug Power is planning a $387 million expansion of its "green hydrogen" fuel cell plant under 

construction in Genesee County...The expansion is on top of the $291 million investment the 

company is making in a facility it is building in the Science, Technology and Advanced 

Manufacturing Park, or STAMP, in the Town of Alabama. The project's total value is now $678 

million.
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Plug Power plans to create 19 jobs with the expansion, in addition to the 68 jobs previously 

announced. The Power Authority said the jobs tied to the expansion will average over $95,000 

per year in wages and benefits.

May 23, 2023 

Statesboro, Georgia

Gov. Kemp: Automotive Supplier Hanon Systems to Create 160 New Jobs in Bulloch 

County

While on an economic development trip to Israel, Governor Brian P. Kemp today announced that 

Hanon Systems, a global provider of automotive thermal and energy management solutions, will 

create 160 new jobs and invest more than $40 million in a new manufacturing facility in Bulloch 

County.

Formed in 1986, the company known as Hanon Systems has grown into a leading supplier of 

automotive thermal and energy management solutions for electrified and conventional vehicles. 

Its offering includes a wide range of solutions in the areas of heating ventilation and air 

conditioning; powertrain cooling; compressor; fluid transport; and electronics and fluid pressure.

May 23, 2023 

Schenectady, New York

Gov. Kemp: Automotive Supplier Hanon Systems to Create 160 New Jobs in Bulloch 

County

GE Vernova today announced that it will invest $50 million at its Schenectady, NY, facility and 

hire approximately 200 new full-time employees including skilled union operators, 

manufacturing engineers, and front line leadership to establish a new manufacturing assembly 

line for its onshore wind business. The site will assemble three key components for GE 

Vernova’s 6.1 MW turbine.

GE Vernova will assemble critical components for 6.1-158 onshore wind turbine in Schenectady, 

including the machine head, hub and drive train to help meet demand in the US...GE Vernova 

has received nearly 10 GW of orders and amassed more than 4 million operating hours globally 

for this turbine platform. The Onshore Wind business has been the number one provider of 

onshore wind turbines in the United States for the last five years according to the American 

Clean Power Association, and currently has a fleet of more than 54,000 wind turbines installed 

around the world. 

May 23, 2023 

Charlotte, North Carolina

Italian Tech Company to Create 300 Jobs in Mecklenburg County as New U.S. 

Headquarters for EV Charging Operations

alpitronic Americas LLC, a manufacturer of high-power electric vehicle charging stations, will 

create 300 new jobs in Mecklenburg County, Governor Roy Cooper announced today. The 
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company will invest more than $18.3 million to locate its United States headquarters operation 

and service center in Charlotte.

Founded in Bolzano, Italy in 2009, alpitronic is the developer and producer of the hypercharger, 

a high-power DC charging station, which recharges vehicles with up to 400kW. As a market 

leader in Europe, the company develops and manufactures proprietary hardware and creates its 

own software. In addition to its administrative operations, the alpitronic Americas headquarters 

will operate a technology, test, and repair center to service its EV charging stations within its 

70,000-square-foot space.

May 22, 2023 

Inola, Oklahoma

ENEL SELECTS OKLAHOMA AS SITE FOR PLANNED SOLAR PV CELL & PANEL 

MANUFACTURING FACILITY

Enel North America, through its affiliate 3Sun USA, LLC, today announced that it has selected 

Inola, Oklahoma as the location where it plans to site its industrial-scale manufacturing facility 

for innovative, sustainable and American-made photovoltaic (PV) cells and modules....The 

factory, which is expected to have an annual production capacity of 3 gigawatts (GW), represents 

an initial investment in excess of 1 billion USD and is anticipated to create around 1,000 new 

direct permanent jobs by 2025. Construction is expected to begin in the fall of 2023, subject to 

final approvals, necessary permits and economic incentive agreements, and it's anticipated that 

the first panels will be available to the market by the end of 2024. The project includes the 

potential for a second phase that would scale the factory to reach 6 GW of annual production, 

creating an additional 900 new direct jobs.

Enel North America, part of the Enel Group, is a clean energy leader in North America and is 

working to electrify the economy and build a zero carbon future by decarbonizing energy supply, 

electrifying transportation, creating resilient grids, and promoting a just, equitable transition. 

Enel North America serves over 4,500 businesses, utilities, and cities through renewable power 

generation, demand response, distributed energy resources, smart e-mobility solutions and 

services, energy trading, advisory and consulting services, and more. 

May 18, 2023 

Memphis, Tennessee

Nextracker, MSS Steel Tubes USA Join Forces on New Factory

Nextracker Inc., a provider of utility-scale solar trackers, and MSS Steel Tubes USA – a joint 

venture of Portuguese industrial company Metalogalva and Brazilian steelmaker Soufer – have 

commissioned a new factory to manufacture low-carbon steel components for Nextracker’s solar 

tracking systems.

Based in Memphis, Tenn., the facility will manufacture Nextracker steel torque tubes, creating 

129 jobs and generating millions of dollars in local economic investment.
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May 18, 2023 

Bainbridge, Georgia

Anovion’s $800 Million Georgia Plant Aimed at Securing U.S. Graphite Supply

The only commercial producer of synthetic graphite in North America is putting an $800 million

plant in Georgia as the U.S. ramps up efforts to reduce dependence on China for the key battery 

material. 

Chicago-based Anovion Battery Materials announced the investment in Bainbridge this week as 

the race for the critical minerals powering electric-vehicle batteries continues to heat up globally. 

The 1.5 million-square-foot plant will employ 400 people.

May 15, 2023 

Clarksville, Arkansas

500-MW Hydrogen Power Plant Planned in Arkansas

Officials in Clarksville on May 12 signed an agreement with Syntex Industries, part of 

SyntexNRG, to design and build the Syntex Hydrogen Power Plant. The current timeline for the 

project calls for at least limited power generation to begin in 2025, with the plant completed in 

2026.... Plans call an initial investment of more than $250 million in the first 50-MW phase of 

the project, with the facility expected to have more than 500 MW of generation capacity when 

complete, according to officials.

May 9, 2023 

Milwaukee, Wisconsin

Ingeteam expands US EV charger production as it gears up for NEVI

Ingeteam, an electrical engineering company headquartered in Spain, has revealed plans to 

expand its production facility in Milwaukee, Wisconsin. The investment, totalling over $20m, 

will bring the company’s output in line with recent infrastructure funding.... Jesus Rodriguez, 

Executive Vice President of Ingeteam EV Chargers USA, stated that “this significant investment, 

in addition to the more than $20 million already invested in our cutting-edge manufacturing plant 

since 2010, will add up to one hundred new well-paying jobs to the region and our production 

facility in Milwaukee, WI over the next five years.”

The company, founded in Spain in 1972, has supplied electronics solutions across various 

industries. In recent years, Ingeteam has expanded its focus on the EV charging market and has a 

presence in Europe, Asia, and the Americas.

May 9, 2023 

Huntersville, North Carolina

Governor Cooper Announces 205 New Jobs as EV Charging Company Expands in 

Mecklenburg County

Atom Power, the pioneer in networked energy, will expand its headquarters and manufacturing 

operations in Mecklenburg County, creating 205 jobs, Governor Roy Cooper announced today. 

The company will invest nearly $4.2 million in Huntersville.
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WASHINGTON, D.C.

Atom Power created networked energy, the new standard for an electrified world. The 

company’s unified platform connects everything and everyone to amplify value for all. Through 

Atom EV, the company is reinventing how electric vehicles charge. The company’s purpose is to 

inspire possibilities, build trust, and deliver amazing. Atom Power is headquartered in 

Huntersville, North Carolina.

May 4, 2023 

Devens, Massachusetts

Governor Cooper Announces 205 New Jobs as EV Charging Company Expands in 

Mecklenburg County

BOSTON--(BUSINESS WIRE)--Electric Hydrogen Co. (“EH2”), a manufacturer of advanced, 

industrial-scale hydrogen electrolyzer technology, announced today the location of its first 

factory in Devens, Massachusetts. The company has leased a newly constructed 187,000 ft2 

facility and is now hiring production team members. The Devens factory will have an annual 

manufacturing capacity of 1.2GW with production of EH2’s 100MW green hydrogen 

electrolyzers commencing in Q1 2024.

Electric Hydrogen is a deep decarbonization company pioneering new technology for low-cost 

and efficient green hydrogen systems. Focusing on industrial applications of hydrogen such as 

steel, ammonia and freight transport, EH2’s goal is to help eliminate more than 30% of global 

GHG emissions from hard-to-electrify industries. The company is backed by world-class 

investors like Breakthrough Energy Ventures, Capricorn Investment Group, Energy Impact 

Partners, Fifth Wall Climate Tech, Prelude Ventures and S2G Ventures. The company also 

partners with strategic investors leading their target sectors, including Equinor Ventures, 

Mitsubishi Heavy Industries and Rio Tinto, among others. Electric Hydrogen has a team of over 

200 employees and is based out of Natick, MA and San Carlos, CA.

May 3, 2023 

Michigan 

Michigan to get $400 million hydrogen technology facility from Norwegian company

A Norwegian company will build a $400 million hydrogen technology facility in Michigan, 

Gov. Gretchen Whitmer and Commerce Secretary Gina Raimondo said Wednesday. The project 

from Nel Hydrogen, intended to produce renewable hydrogen, would be the largest of its kind in 

the country and is expected to create 500 jobs at a still-undecided site in southeast Michigan. Nel 

CEO Håkon Volldal said the company had decided to build another plant in the United States 

because of new federal incentives passed through the Inflation Reduction Act.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

April 27, 2023

Shepherdsville, Kentucky

$10M Rivian remanufacturing facility to create 218 jobs in Sheherdsville

EV-maker Rivian announced they would invest $10 million to establish a remanufacturing 

facility in Bullitt County, creating 218 full-time, quality jobs.

“Kentucky’s manufacturing and EV industries have seen unprecedented growth recently,” said 

Gov. Beshear. “Continued investment in our key industries is critical for our immediate and 

long-term economic success. Rivian is an outstanding company that has been a major player in 

our state’s manufacturing and EV sectors, and this expansion is an exciting next step for the 

company here in the commonwealth. I look forward to their continued success here.”

Rivian currently stocks replacement parts at an existing 326,000-square-foot facility in 

Shepherdsville. This project will see the company improve and update the existing operation to 

establish a robust remanufacturing facility to support the warranty, repair and service footprint of 

the company’s EV trucks. The investment will help expand the capability and capacity of this 

existing site to remanufacture critical components such as electrical hardware, drive units and 

battery systems.

April 26, 2023

Shreveport, Louisiana

Prolec GE USA is expanding their footprint in Shreveport by $28.5 million

On Tuesday, Prolec GE USA announced it would be investing up to $28.5 million to expand its 

Caddo Parish facility to manufacture electrical transformers used in wind farms, solar parks and 

other industrial and renewable energy applications.

Prolec is one of the largest transformer productions in North America and designs, manufactures 

and sells products for electricity generation, transmission and distribution.

This expansion will add additional production capacity in Shreveport and will help ease the 

transformer supply chain.

Sergio Eduardo Fernandez, Prolec Business Unit Director said, "this investment, we are excited 

because we are creating 153 more jobs."

April 26, 2023

Roseville, California

Bosch to acquire TSI semiconductors, injecting $1.5B to meet SiC chip demand for EVs

The world’s largest auto supplier is expanding its semiconductor manufacturing capabilities to 

meet the growing demand for computer chips for electric vehicles. Bosch announced Wednesday 

that it is acquiring US chipmaker TSI Semiconductor and investing $1.5 billion to produce 

silicon carbide (SiC) semiconductors and enable the adoption of EVs.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Bosch has been busy transforming its business as the auto industry shifts to sustainable, zeroemission EVs.

Bosch has invested heavily in introducing new products such as electric powertrains, charging 

solutions, and electric drives to meet the growing demand for EVs and enable the transition.

April 26, 2023

Williamsport, Pennsylvania

Invenergy Transmission and Prysmian Announce Long-Term Supply Agreement and 

Manufacturing Facility Expansion

Prysmian Group North America - a world leader in energy and telecommunications cable 

systems - and Invenergy Transmission- an affiliate of American-led Invenergy, the leading 

privately-held developer, owner, and operator of sustainable energy solutions - today announced 

a long-term supply agreement that includes a $22.5 million investment to expand domestic 

manufacturing capacity of advanced transmission conductor technology. The expansion of 

Prysmian's existing manufacturing facility in Williamsport, Pennsylvania, funded in substantial 

part by the supply agreement with Invenergy Transmission, will create at least 27 new jobs in 

Lycoming County, Pennsylvania and retain 407 jobs statewide, including 250 jobs at the project 

site.

Conductors are the metallic lines that electricity travels along on transmission infrastructure 

projects, and they are a critical technology for the reliability and resilience of the U.S. power 

grid. Through this long-term supply agreement, Prysmian will supply up to 12,500 miles of 

overhead conductor cable through 2029 to support Invenergy's portfolio of long-distance highvoltage direct-current (HVDC) transmission projects in the U.S. Invenergy Transmission expects 

the conductor order to support projects including the Grain Belt Express and New Mexico North 

Path lines. The 5,000-megawatt Grain Belt Express project will improve affordability and 

reliability for consumers across four vital U.S. power grids, including the regional grid that 

serves Pennsylvania, the PJM Interconnection.

"High-voltage direct current transmission has the potential to reshape our country's power grid 

by providing unmatched reliability and resilience," said Shashank Sane, executive vice president 

and head of transmission at Invenergy. "Through this long-term supply agreement with 

Prysmian, Invenergy Transmission is securing the best technology for our transmission projects 

to deliver electricity Americans can count on while also supporting U.S. manufacturing jobs and 

onshoring key parts of the clean energy supply chain."

April 26, 2023

Williamsport, Pennsylvania

Vitro Enters into Agreement with First Solar for the Manufacture of Glass for AmericanMade Solar Panels
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Vitro S.A.B. de C.V. (BMV:VITROA), through its Vitro Architectural Glass business 

headquartered in Cheswick, PA, today announced that it has entered into an agreement with 

America’s largest fully vertically integrated solar manufacturer, First Solar (NASDAQ: FSLR), 

to manufacture glass for the company’s advanced thin film photovoltaic (PV) solar panels.

Vitro will invest a total of $93.6 million USD to rebuild and modernize a production line at its 

Meadville Plant located in Cochranton, PA, to support First Solar’s growing manufacturing 

footprint in the United States. The investment will also include the construction of offline 

production capabilities.

First Solar is a leading American solar technology company and global provider of responsibly 

produced eco-efficient solar modules advancing the fight against climate change. Developed at 

R&D labs in California and Ohio, the company’s advanced thin film photovoltaic (PV) modules 

represent the next generation of solar technologies, providing a competitive, high-performance, 

lower-carbon alternative to conventional crystalline silicon PV panels.

April 26, 2023

Sumter, South Carolina

SEM Wafertech Inc and Solar4America Technology, Inc. Establishing first South Carolina 

operations

SEM Wafertech Inc. (SEM Wafertech) and Solar4America Technology, Inc. (Solar4America), 

both 100% owned by SPI Energy Co., Ltd. (NASDAQ: SPI), a global renewable energy 

company, today announced plans to establish their first South Carolina operations in Sumter 

County. The $65.9 million investment will create 300 new jobs.

SEM Wafertech is a leading solar wafer manufacturer in the United States. The new facility will 

help meet the increasing need for locally sourced solar wafers as the demand for solar power 

continues to grow in the U.S. SEM Wafertech is targeting delivery and production of its first 

solar wafers in the U.S. by the end of 2023, with capacity ramping to three gigawatts by 2024.

Solar4America is a prime solar module manufacturing company that produces “Made in the 

USA” solar modules. In combination with its facility in Sacramento, California, the new South 

Carolina facility will allow Solar4America to manufacture a wider variety of solar panels for 

customers, with an aim to increase capacity to 2.4 gigawatts by the end of the year.

April 25, 2023

Janesville, Wisconsin

Rock County and Alliant Energy team up in Janesville solar projects

Rock County and Alliant Energy are partnering to build two solar projects in Janesville, an effort 

that would offer more renewable energy access to area residents.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

The plan consists of a 2.25 megawatt community solar garden and a 1.4 megawatt customerhosted project on nearly 22 acres. President of Alliant Energy’s Wisconsin energy company 

David de Leon said the company was thankful to Rock County for helping launch the project.

“The Community Solar program is just one more way we can use our knowledge and resources 

to serve our customers while bringing them options and solutions to meet their needs,” de Leon 

said.

April 24, 2023

Sparrows Point, Maryland

Orsted unveils Maryland investment

Orsted has confirmed plans to invest in Maryland’s first offshore wind “advanced foundation 

component centre” at Tradepoint Atlantic in Baltimore County.

The $14m Advanced Foundation Component Center brings Orsted’s total investments at 

Tradepoint Atlantic to nearly $30m.

The company committed $13.2m in port upgrades at Tradepoint Atlantic as part of Maryland’s 

first offshore wind staging centre.

April 21, 2023

Jacksonville, Florida

Jinko Solar awarded grant to expand Florida plant

China-based solar panel manufacturer Jinko Solar is set to invest $52m to expand its only US 

production facility, with the city of Jacksonville in the US state of Florida approving a grant for 

the project.

The Budget Review Committee of the Mayor of Jacksonville approved a ten-year grant of $2.3m 

to Jinko Solar on 10 April, which will facilitate the project. Jacksonville City Council is 

scheduled to enact legislation for the grant on 25 April 2023.

The grant will cover half of the increase in ad valorem taxes (tax based on the assessed value of 

the factory) that Jinko Solar would need to pay over a ten-year period due to the plant expansion.

The existing 26,000m2 manufacturing facility at Cecil Commerce Center in West Jacksonville 

was first opened in 2018 and employs 274 people. Jinko Solar says the expansion of the plant 

will create an additional 250 jobs at the site.

April 19, 2023

Seneca, South Carolina
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

BorgWarner to Expand South Carolina Facility, add 3GWh Battery Pack Production with 

$42 Million Investment

BorgWarner announced today its plan to invest $42 million into the expansion of its Seneca, 

South Carolina production facility. The investment will be allocated to building and equipment 

upgrades as well as the development of new manufacturing lines, resulting in the production of 

3GWh of annual battery module capacity in the U.S. and contributing to the growth of the 

company’s battery module and pack production.

Over the course of three years, the expansion is expected to create approximately 122 jobs, 

including production, technical support, manufacturing, engineering, maintenance and 

supporting function positions. To aid in the expansion, BorgWarner is working closely with the 

State of South Carolina as well as Oconee County. 

“The ability to expand our existing BorgWarner operations producing energy-efficient, clean 

products is crucial as we continue to ‘Charge Forward’ toward our goal of enabling loweremissions transportation,” said Volker Weng, Vice President and General Manager, BorgWarner 

Drivetrain and Battery Systems. “I want to thank the State of South Carolina and Oconee County 

for their support in further enabling the launch of new production processes at our Seneca 

facility, which will provide additional capacity to better meet U.S. customer demands for 

BorgWarner battery assemblies.”

Expansion of the facility is slated to begin in the second quarter of 2023, with an expected 

completion date of in the first half of 2024.

April 18, 2023

Jackson, Tennessee

6K Energy to Establish Battery Material Manufacturing Plant in Jackson

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner 

Stuart McWhorter and 6K Energy officials announced today the company will invest in a fullscale PlusCAMTM battery material manufacturing plant in Jackson, Tennessee. 6K Energy will 

invest $166 million in the plant for construction and equipment, expanding to $250 million in 

future phases. The company will also use its recently announced $50 million U.S. Department of 

Energy (DOE) grant opportunity for the factory placing the initial combined investment over 

$200 million.

6K Energy, the cathode materials production division of 6K Inc., will create 230 new jobs in 

Madison County to support operations at the new manufacturing plant. 6K Energy’s PlusCAM 

factory will be the world’s first UniMelt® plasma cathode plant, providing low cost, ultrasustainable production of battery material for localized supply chains in the U.S. 

Founded in 2014 and headquartered in North Andover, Massachusetts, 6K uses microwave 

plasma technology to develop advanced materials for industries, including electric vehicle 

manufacturing, renewable energy, aerospace and consumer electronics. With the addition of the 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Jackson facility, 6K will employ nearly 500 people across its operations in Massachusetts, 

Pennsylvania and Tennessee.

April 12, 2023

Atlanta, Georgia

India’s Rayzon Solar to make TOPCon modules in US

Gujarat-based Rayzon Solar has become the first Indian PV manufacturer to expand its module 

manufacturing operations to the United States. The company said it plans to set up a 500 MW 

TOPCon module manufacturing facility in Atlanta, Georgia. It said it expects the factory to start 

production by June 2024.

Rayzon’s entry to the US market comes at a time when Indian PV module exports to other 

countries, especially the United States, have started to surge. Chirag Nakrani, the director of 

Rayzon Solar, told pv magazine that the company's decision to enter the US solar market was 

mostly driven by the country's PV installation potential.

April 12, 2023

St. Louis, Missouri

$100M solar panel production plant planned in STL area

A manufacturing company is planning to open a $100 million solar panel production plant in the 

St. Louis area.

NewCo. Manufacturing currently is seeking a site with the help of regional business group 

Greater St. Louis Inc.

The plans call for 250 new full-time jobs.

April 11, 2023

Liberty County, Georgia

Seohan Auto Georgia Announces 180 New Jobs in Liberty County

Governor Brian P. Kemp today announced that Seohan Auto Georgia, a developer and 

manufacturer of automobile parts, will create at least 180 new jobs and invest more than $72 

million in a new manufacturing facility in Liberty County.

“The Hyundai Metaplant is and will continue to be an economic driver for the entire region, 

creating more jobs for hardworking Georgians in communities like Liberty County,” said 

Governor Brian Kemp. “We're proud to welcome Seohan as the latest supplier in a growing list 

to invest in Georgia and look forward to the continued growth of this fast emerging sector.”
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Seohan Auto Georgia Corporation is a Tier-1 automotive parts supplier for Hyundai Motor 

Group America. The company is based in South Korea and has production facilities around the 

world, including multiple facilities in the United States.

April 6, 2023

Alexandria, Louisiana

UCore invests $75M to establish Rare Earth Metals manufacturing facility in Alexandria

Ucore North America, a subsidiary of Ucore Rare Metals Inc., announced it is investing $75 

million to establish North America’s first modern technology rare earth element separation and 

purification facility in Rapides Parish. The Louisiana Strategic Metals Complex will establish a 

U.S.-based supply chain of rare earth oxides required to manufacture electric vehicle motors, 

wind turbine generators and a variety of consumer goods including smart phones and power 

tools.

The company expects to create 100 new direct jobs with an average annual salary of more than 

$50,000. Louisiana Economic Development estimates the project will result in 298 additional 

new indirect jobs, for a total of 398 new jobs in the Central Region.

“This major manufacturing project in central Louisiana is another illustration of how the shift 

toward cleaner energy is creating jobs and increasing investment all across our state,” Gov. John 

Bel Edwards said. “The products manufactured at Ucore will reinforce Louisiana’s importance to 

the global supply chain as we look to further diversify and expand our economy.”

April 5, 2023

Huntsville, Alabama

Alabama Toyota facility adding solar field to power up to 70% of operation

An auto manufacturing plant in Huntsville has plans to use more renewable energy.

Toyota Motor Manufacturing Alabama Inc. builds thousands of automobile engines a day at its 

Huntsville plant.

Soon, 70% of the energy used to power the facility will come from solar power.

Wednesday, Toyota Alabama announced it will be building a 168-acre solar farm, adjacent to the 

Huntsville plant off of Pulaski Pike.

“We want to create a model of environmental stewardship in manufacturing and positively 

impact the world around us,” said Jason Puckett, the president of Toyota Alabama.

The $49 million dollar solar project is a partnership between Toyota Alabama, Huntsville 

Utilities, and Toyota Tsusho America Inc. (TAI). The organizations entered a power purchase 

agreement to support the project.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

April 4, 2023

Detroit, Michigan

BorgWarner Expands Auburn Hills-Dearborn-Hazel Park, Michigan, Operations

BorgWarner, a global provider of sustainable mobility solutions for the automotive market, plans 

to expand operations in Auburn Hills, Dearborn, and Hazel Park, Michigan. The $20.6 million

project is expected to create 186 jobs.

The company will accelerate its electric vehicle product development and testing, including 

battery modules, battery packs, and DC fast chargers; as well as scale up its DC fast charging 

manufacturing operations. The investment also includes an expansion at a fourth, yet-to-bedetermined location across Oakland and Wayne counties.

“BorgWarner is pleased to continue to invest in the State of Michigan with the support of 

MEDC, growing our fast charging and battery capabilities to support the evolution to 

electrification,” said BorgWarner President and Chief Executive Officer Frédéric B. Lissalde.

April 3, 2023

Albuquerque, New Mexico

ABB Invests $40M for Manufacturing Facility in Albuquerque

ABB is investing $40 million to create a new manufacturing facility in Albuquerque, NM, for its 

Installation Products Division, which is part of the company’s Electrification business area.

ABB’s new 90,000-square-foot facility will create 55 new jobs in New Mexico and produce 

cable products for use by electric utility providers in grid hardening and resiliency initiatives.

The new facility will cater to increased demand for its leading Elastimold solutions essential to 

wildfire mitigation and underground and grid hardening projects. Upon completion in 2024, the 

Albuquerque facility will include ABB Robotics technology and digital automation to produce 

more than 1 million additional units annually. Majority of the units produced will be supplied to 

U.S. customers.

March 30, 2023

Williamsport, Pennsylvania

Magna planning new $100M Auburn Hills EV seating plant with 500 jobs

Magna International Inc. is planning a new plant in Auburn Hills that would supply seats for 

future General Motors Co. electric vehicles, the Canadian auto supplier said on Thursday. The 

potentially more than $100 million investment is expected to create 500 new jobs, 

spokeswoman Tracy Fuerst said in a statement. It would replace the former Oakland County 

Animal Shelter and Pet Adoption Center at 1700 Brown Road that sits on 40.8 acres, according 

to an Auburn Hills Planning Commission document. Construction is expected to begin in July 

and be completed in November 2024.... Magna's proposed facility would be the "exclusive 

supplier of seating" for vehicles in Orion, according to the planning document.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

March 30, 2023

Hopkinsville, Kentucky

EV-related company plans $500 million facility in Hopkinsville, Kentucky

Microvast Advanced Membranes says it will bring 562 full time jobs and build a $500 million

facility at a site in Hopkinsville, Kentucky.

Hopkinsville Mayor James Knight said the investment will have a positive economic impact on 

the city and surrounding region. “Their Commerce Park II facility will serve as a flagship facility 

providing critical battery separators for the quickly growing EV battery market. We are thrilled 

that they’ve chosen to invest in our community thereby creating hundreds of outstanding jobs,” 

Knight said in the release.

March 24, 2023

Shelby County, Kentucky

New $264M manufacturing facility, EnerVenue, coming to Shelby County

Gov. Andy Beshear announced Tuesday continued job creation within Kentucky’s 

manufacturing and clean energy sectors as EnerVenue will establish a new manufacturing 

facility in Shelby County, creating 450 full-time jobs with a $264 million Phase 1 investment 

with potential for further investment.

“Our skilled workforce and communities working together to foster continued growth have made 

the economic momentum the commonwealth is experiencing possible. For a company like 

EnerVenue to come in, invest and create jobs in Shelby County is an exciting next step for our 

manufacturing and energy storage sectors,” said Beshear. “I want to thank the company’s 

leadership and the Shelby County community for making this project possible, and I look 

forward to the company’s success in Kentucky.”

March 24, 2023

Yma County, Arizona

Arizona county approves solar-powered cobalt sulfate production facility

EVelution Energy, an electric vehicle battery materials company, has received the approval of 

the Yuma County Board of Supervisors to develop a solar-powered cobalt sulfate production 

facility in Yuma County, Ariz., the first EV battery facility with on-site renewable energy 

generation in the U.S... EVelution expects to start construction of the processing facility in 2024 

and expects to be fully operational by 2026, when it will have 360 full-time employees, the 

company has stated... “We expect that the surrounding agricultural community will benefit will 

from having access to our locally generated low cost clean power,” he said, adding that 

EVelution’s facility is expected to cost about $200 million to build.

March 23, 2023

Elgin, Illinois
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Pritzker Administration and Flender Corporation Announce Manufacturing Expansion in 

Elgin

Governor JB Pritzker, Flender Corporation and the Illinois Department of Commerce and 

Economic Opportunity (DCEO) today announced that Flender will expand its current 

manufacturing facility in Elgin - creating 50 new full-time jobs and retaining 140 existing fulltime jobs. New investments will enable the company to expand its manufacturing operations -

including gear boxes for wind turbines - creating jobs and contributing to the economic 

development in the community.

Flender headquartered in Bocholt, Germany, is a leading global supplier for mechanical and 

electrical drive systems and has the reputation for highest performance, innovation, quality, and 

reliability of drive components for more than 120 years. Flender has around 9,000 employees 

globally. Since 1976 the company is serving the Americas from its location in Elgin, Illinois. 

Flender offers a broad variety of gear units, couplings and generators and associated services, 

with a focus on key industries such as wind power, cement, mining, oil & gas, power generation, 

water and wastewater, marine, conveyor and crane technology. 

March 24, 2023

Queen Creek, Arizona 

Korean battery giant LG announces huge expansion of plans for battery factory in Queen 

Creek

LG Energy Solution said it will quadruple its initial budget for a battery manufacturing plant in 

Queen Creek and now plans to spend $5.5 billion for the project, which will create thousands of 

jobs and could become the largest stand-alone battery complex in North America... Sen. Mark 

Kelly, D-Ariz., said the announcement will support thousands of well-paying jobs and boost the 

state’s position as a leader in manufacturing and renewable energy. “Thanks to unprecedented 

federal investments in American-made clean energy manufacturing, Arizonans will see stronger 

supply chains, lower costs and a more competitive economy for the generations to come,” he 

said.

The $5.5 billion figure is nearly four times LG's initial announcement of a $1.4 billion 

investment for the Queen Creek complex, disclosed last April. The company plans to invest $3.2 

billion for EV batteries and $2.3 billion for “pouch type” lithium iron phosphate batteries for 

energy storage systems.

March 22, 2023

Columbia, South Carolina

Cirba Solutions to Build World-Class EV Battery Materials Facility in South Carolina

Cirba Solutions, the most trusted and comprehensive battery materials and management 

company for end-of-life batteries and gigafactory scrap, announced today a phase I investment of 

more than $300 million into a world-class, lithium-ion electric vehicle (EV) battery recycling 

flagship facility in South Carolina. With over 30 years of experience, Cirba Solutions has paved 

the way for a sustainable closed-loop battery supply chain. The company is investing over $1 

billion in the next five years to expand the infrastructure required to meet the growing demand 

for critical materials needed for EV batteries....The over 200-acre battery materials campus will 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

create more than 300 jobs and be located near Columbia, South Carolina in Richland County. 

Groundbreaking will take place this year, with operations expected to begin in late 2024.

March 22, 2023

Chester County, South Carolina

Albemarle to invest $1.3B in South Carolina lithium processing facility

Chemical manufacturer Albemarle will invest $1.3 billion to establish a lithium hydroxide 

processing facility in Chester County, South Carolina. The facility would produce nearly 50,000 

metric tons of battery-grade lithium hydroxide a year, enough to support 2.4 million EVs....The 

company says the facility will create 300 jobs with an average yearly wage of $93,000. In 

addition, the project will create over 1,500 construction jobs, with work expected to begin in late 

2024.

March 22, 2023

Cartersville, Georgia

Albemarle to invest $1.3B in South Carolina lithium processing facility

Governor Brian P. Kemp today announced that Hanwha Advanced Materials Georgia, Inc. 

(HAGA), a manufacturer of lightweight advanced materials for sustainable technology, will 

create more than 160 new jobs in the City of Cartersville. The company will invest an estimated 

$147 million in a new manufacturing facility to supply the Qcells facility in Cartersville.

Qcells is one of the world’s leading clean energy companies, recognized for its established 

reputation as a manufacturer of high-performance, high-quality solar cells and modules, portfolio 

of intelligent storage systems, and growing international pipeline of large-scale renewable energy 

projects. Qcells also provides renewable electricity retail services and packages to end customers 

the world over.

March 20, 2023

Terre Haute, Indiana

ENTEK ANNOUNCES LOCATION OF FIRST LITHIUM BATTERY SEPARATOR 

PLANT IN INDIANA TO POWER GROWING DOMESTIC ELECTRIC VEHICLE 

MARKET

ENTEK, the only US-owned and US-based producer of ‘wet-process’ lithium-ion battery 

separator materials, announced plans today to establish operations in Indiana, investing $1.5 

billion in a new Terre Haute production facility. The project, which marks the company’s largest 

investment thus far, will create up to 642 new, high-wage jobs by the end of 2027 and support 

the growing electric vehicle (EV) industry in Indiana and across the United States.

ENTEK, established in 1984, is the only US-owned and US-based producer of ‘wet-process’ 

lithium-ion battery separator materials and is committed to the transformational expansion of its 

US lithium-ion battery separator footprint at a scale and a pace to meet the US DOE imperative 

for a sustainable and resilient domestic lithium battery supply chain. In addition to its energy 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

storage division, which includes production of battery separators for lithium-ion and lead-acid 

batteries, ENTEK also manufactures equipment for the plastics industry and creates highperformance materials for a broad range of energy storage and functional membrane 

applications. 

March 16, 2023

Lordstown, Ohio and Mount Pleasant, Wisconsin 

Foxconn brings EV battery production to two U.S. states

Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, 

announced that it would build electric vehicle batteries in Wisconsin and Ohio on Thursday, 

hoping to take advantage of the Inflation Reduction Act that incentivizes domestic cell 

manufacturing. Foxconn has long been the manufacturer of Apple’s iPhone, and in 2021, it 

became a staple in the EV space as it announced it would work with Lordstown Motors.... The 

move highlights companies bringing EV battery production to the U.S. in an effor to receive tax 

credits that are part of the Inflation Reduction Act. Local cell production is one of the key 

requirements of qualifying for at least a portion of the incentives is to build batteries in the 

United States.

March 16, 2023

Texas

HydrogenPro US expansion with 500 MW manufacturing facility in Texas, US

HydrogenPro (OSE: HYPRO) will take its first major step into the US market with the 

establishment of 500 MW manufacturing capacity in Texas, US, with an estimated total 

investment cost of USD 30-50 million. The brownfield investment includes a separate advanced 

electrode manufacturing facility, representing a technology game changer in the HydrogenPro 

solutions offering.

HydrogenPro is a technology company and an OEM for high pressure alkaline electrolyser and 

supplies large scale green hydrogen plants, all ISO 9001, ISO 45001 and ISO 14001 certified. 

The Company was founded in 2013 by individuals with background from the electrolysis 

industry which was established in Telemark, Norway by Norsk Hydro in 1927.

March 14, 2023

Belen, New Mexico 

Arcosa chooses New Mexico for new wind-tower production facility

Belen will get a big economic boost with the expansion of a wind-tower manufacturer into the 

area, one that will add roughly 250 jobs. Texas-based Arcosa Inc. announced Tuesday its 

subsidiary, Arcosa Wind Towers, will open a wind-tower production facility in Belen with 

production to begin as soon as next year.... Arcosa, a publicly traded company, plans to invest 

$55 million to $60 million in the expansion, which includes the purchase and modification of an 

existing facility in the Rio Grande Industrial Park and the procurement of needed equipment. 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Gov. Michelle Lujan Grisham has long identified sustainable energy as an industry ripe for 

further growth - an area which she believes can attract higher-paying jobs for New Mexicans. 

March 13, 2023

Orangeburg, South Carolina

Global solar panel manufacturer creating jobs with new plant in Orangeburg County

Hounen Solar announced plans to invest $33 million in a new manufacturing operations facility 

that will create 200 new jobs. The plant is located at 145 Millennium Drive, the company will be 

leasing a 200,720-square-foot plant. The plant will not only be the first United States plant for 

Hounen Solar but also the first South Carolina location for the company.... Governor Henry 

McMaster said “Hounen’s investment in Orangeburg County not only adds to the state’s growing 

renewable energy economy but also shows that South Carolina is a place where companies in 

every industry can thrive. We look forward to creating a strong partnership with Hounen for 

years to come and seeing the impact of these 200 new jobs.”

March 12, 2023

Avondale, Louisiana

Gulf Wind Technology and Shell Collaborate to Establish Offshore Wind Energy Hub at 

Avondale Global Gateway

In an effort to advance offshore wind energy technology and expand the emerging industry’s 

skilled workforce, Gulf Wind Technology announced today it is collaborating with Shell to 

establish a research, training and technology demonstration program at GWT’s Avondale Global 

Gateway facility in Jefferson Parish....GWT, supported by a $10 million investment from Shell, 

will create 30 new direct jobs with an average annual salary of $83,000. Louisiana Economic 

Development estimates the project will result in an additional 54 new indirect jobs, for a total of 

84 new jobs in the Southeast Region.

Based in the redeveloped industrial park on the site of the old Avondale Shipyard, GWT is a 

globally recognized expert in wind turbine rotor technology. Its headquarters consists of a 30,000 

square foot technology facility, an advanced composites lab and access to more than 1.5 million 

square feet of manufacturing and fabrication space with on-site railway, road and barge access.

March 10, 2023

Hutchison, Kansas

Siemens Gamesa is opening its doors back up in Hutchinson

The Siemens Gamesa Hutchinson plant is gearing up to open once again. Siemens Gamesa 

Renewable Energy has begun the process to return the Hutchinson, Kansas nacelle facility to 

production. The planned facility will be located at the Port of Coeymans and would create 

approximately 420 jobs in the Empire State and contribute to a significant part of the United 

States’ target of offshore wind power by 2030.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Siemens Gamesa, which started in Denmark but has its company headquarters in Spain, is a 

pioneer in the development and expansion of onshore wind energy. With more than 40 years of 

manufacturing experience in wind turbines, the company has placed their turbines in more than 

90 countries across the globe, from Denmark to France to Germany to Taiwan.

March 9, 2023

Bristol, Vermont

Bullrock Renewables to build 3.3 megawatt Bristol Solar project

Vermont-based Bullrock Renewables announced today it is building a 3.3 megawatt "SPEED 

project" in Bristol. The project, dubbed "Bristol Solar," is slated to be operational this October. 

In the coming months, 12 full-time employees will be dedicated to constructing the ground 

mount array.

The South Burlington-based company was founded in Vermont in 2017; in addition to advancing 

solar projects in Vermont, the renewable energy construction firm has developed a wide range of 

solar projects throughout the region, including sites in Connecticut, New York, and Maine.

March 9, 2023

Pataskala, Ohio

The world’s largest solar panel manufacturer is coming to Ohio

Longi Solar and Invenergy are coming together to construct a 5 GW per year solar panel 

manufacturing facility in Pataskala, Ohio, via a newly founded company, Illuminate USA...the 

acquisition and construction of the facility will cost $220 million. Invenergy notes they made a

$600 million investment in the facility. Invenergy is noted as being the facility’s ‘anchor’ 

customer. Longi is the world’s largest manufacturer of solar modules. Invenergy has an 

operating portfolio of 775 MW of solar facilities, and has 6 GW currently under development. 

Invenergy has developed approximately 10% of the United States’ wind and solar power fleet... 

the facility will generate 150 jobs. Once it is running, it will require 850 individuals to keep it 

going. Both single and bifacial solar modules will be manufactured at the site.

March 8, 2023

Charlotte, Michigan

The Shyft Group invests in Michigan facility to support Blue Arc EV production

The Shyft Group recently announced plans to invest in and expand the company’s facilities in 

Charlotte, Mich., which will enable production of commercial electric vehicles for its Blue Arc 

EV Solutions brand, launched last year. The company noted in a recent press release that Shyft 

will invest approximately $16 million for expansion and improvements in facilities as well as 

new equipment related to the production of EVs.

March 8, 2023

Lowell, Massachusetts

EvolOH announces plans for massive electrolyzer plant in Massachusetts
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

EvolOH, Inc. (Menlo Park, Calif) will build a manufacturing plant in Massachusetts for the 

fabrication and assembly of the company’s anion-exchange membrane (AEM) electrolyzer 

stacks for producing green hydrogen. The proprietary compact cell-stacking and high-power 

density design used in EvolOH’s Nautilus series stacks were created for high-speed 

manufacturing using low-cost materials that only require domestic supply chains and no precious 

metals.... When operated using pure water, EvolOH’s electrolyzers provide the lowest capital 

and operating costs for green hydrogen production. With power ratings up to 5 MW (2 tonnes 

per day) for a single stack, and 50 MW (20 tons per day) for a single containerized module, 

EvolOH’s stacks are designed for large-scale power-to-hydrogen facilities. 

March 7, 2023

Savannah, Georgia

Hyundai supplier PHA to invest over $67M in GA facility

Governor Brian P. Kemp announced that PHA, a global auto parts manufacturer that will supply 

the Hyundai Metaplant in Bryan County, will create 402 new jobs and invest more than $67 

million in a new facility in Chatham County.

PHA strives to be a company that provides its customers with new experiences and value 

through customer satisfaction with perfect quality and innovation. Since its foundation in 1985, 

PHA has built on the commitment to becoming a pioneer in the global automotive parts industry. 

PHA believes that its employees are the key to the company’s success, by pursuing the happiness 

of all concerned; including customers, employees, partners, and the local community; on the 

basis of sustainable growth. PHA operates in nine countries, with more than 3,300 employees 

worldwide, and $750 million in revenue.

March 7, 2023

Nowata County, Oklahoma

COMPANY TO DEVELOP 45K ACRE WIND FARM IN NOWATA COUNTY

A renewable energy company is revealing plans for a major project in Nowata County. Apex 

Clean Energy will lease 45,000 acres of land to develop a wind turbine farm in the north-central 

part of the county. It is called the Hickory Creek Project and includes between 100 and 150 wind 

turbines as well as solar and battery components. Apex said all together the project will produce 

1,200 megawatts of electricity, which is enough to power 436,000 homes.... Apex said the wind 

portion of the project will cost about $900 million and the additional work is estimated at $550 

million

March 6, 2023

Brighton, Colorado

Battery maker coming to Colorado

A lithium-ion battery maker has chosen Adams County to make high-performance silicon anode 

lithium-ion batteries. Amprius Technologies said they chose the location in Brighton because 

there is a 1.3 million square foot facility already on the site. The facility is equipped "with 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

electric power and has a structural layout ideal for a gigawatt-hour scale lithium-ion battery 

factory."

Amprius said they plan to invest $190 million, which includes a $50 million cost-sharing grant 

from the U.S. Department of Energy's Office of Manufacturing and Supply Chains. The grant is 

part of the bipartisan infrastructure law that would expand manufacturing of electric vehicle and 

electrical grid batteries in the U.S. The first part of the expansion is expected to create 332 new 

jobs, the governor's office said in a release. The average salary for the new jobs would be more 

than $65,500.

March 3, 2023

Richland County, South Carolina

Scout Motors selects South Carolina for production site; plans to create 4,000 jobs

Scout Motors Inc. (“Scout”) is establishing its first manufacturing plant in Blythewood, which is 

near Columbia, South Carolina. At the Richland County site, the company will build all-electric, 

next-generation trucks and rugged SUVs harkening back to the iconic Scout vehicles produced 

from 1960 to 1980. The company’s $2 billion investment has the potential to create 4,000 or 

more permanent jobs. At full capacity, more than 200,000 Scout vehicles may be produced 

annually at the facility. 

March 3, 2023

Astoria, New York

Beacon Wind project will repower ‘Asthma Alley’ with renewable energy facility in Astoria

Equinor Wind US and its partner bp in the US announced two major initiatives focused on 

western Queens: the $215 million purchase of the Astoria Gas Turbines site from NRG to 

repurpose it as a converter station connecting renewable offshore wind power to the New York 

grid, and a substantial investment in community resources to serve the youth of Queens. The 

future converter station named the Astoria Gateway for Renewable Energy (AGRE) will replace 

the decades-old power plant that had polluted the air in “Asthma Alley” for generations.

March 2, 2023

Pensacola, Florida

GE to Invest Over $450 Million in U.S. Manufacturing in 2023

GE (NYSE: GE) today announced plans to invest more than $450 million in its existing U.S. 

manufacturing facilities this year, purchasing cutting-edge equipment and making upgrades to 

position the company and its U.S. workforce for a strong future in advance of the company’s 

planned creation of two independent, industry-leading companies in energy and aerospace.... $20 

million in nacelle manufacturing facilities in Pensacola, Florida to expand production capacity 

and bring new products to market.

March 2, 2023

Houston, Texas
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Green Giant Energy Texas and ACE Green Recycling Plan to Develop Lithium-ion 

Recycling Facility in Texas

The two companies signed a non-binding LOI to form a joint venture (JV) that will develop and 

operate the recycling plant, which will be located on land purchased by GGE Texas who will 

also fund the build-out of the plant with a $3 million investment. The JV will use ACE's 

proprietary technology and process for sustainably recycling lithium-ion batteries, including endof life batteries, rejected batteries and other defective batteries sourced from around the region. 

Once completed, the facility will incorporate ACE's modular equipment design to recycle an 

estimated 1,800 metric tons of lithium batteries per year... In addition to setting forth the 

blueprint to build a greenfield lithium-ion battery recycling facility through the JV, the LOI also 

stipulates GGE Texas will invest a separate $3 million toward ACE's global operations. 

February 28, 2023

Wallingford, Connecticut

Nel ASA: Expanding production capacity in Wallingford

"This is an important milestone for Nel," says Nel's CEO, Håkon Volldal. "With this expansion, 

we will increase PEM production capacity substantially and simultaneously reduce stack cost 

and improve stack efficiency."

The investment cost is estimated at approximately NOK 260 million ($24.8 million), and the 

new production line is expected to reach nameplate capacity in 2025.

"Last year we opened the world's first fully automated alkaline electrolyser plant in Herøya, 

Norway. Now we will industrialize the PEM platform, and the expansion in Wallingford is an 

important first step," says Volldal.

February 28, 2023

Kokomo, Indiana

Stellantis to invest $155M in Indiana for electric drive units

The maker of Jeep SUVs, Ram pickup trucks and other vehicles will invest a total of $155 

million in three plants in Kokomo, Indiana, to produce electric drive modules for battery electric 

vehicles in North America.

CEO Carlos Tavares announced the investment on Tuesday morning during CNBC's "Squawk 

Box." The EDMs include the electric motor, power electronics and transmission. Workers in 

Kokomo will combine them into a single package that Stellantis says improves performance, 

vehicle cost and range up to 500 miles. These EDMs will support the STLA (pronounced 

"Stella") Large and STLA Frame vehicle platforms that will underpin electric Jeep SUVs, Dodge 

muscle cars and the Ram 1500 REV truck.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

The investment will retain more than 265 jobs across all three plants. Stellantis employs more 

than 7,000 people in Kokomo at powertrain components plants. The automaker is building a new 

battery manufacturing plant there with Korea's Samsung SDI. It aims for 50% EV sales by 2030 

in the United States with 25 models.

February 28, 2023

Bangor, Maine

200 new jobs slated for Bangor after investment from green energy firm

An environmental investment firm will infuse $6 million into Brewer-based Nyle Systems to 

open a new factory in Bangor producing heat pump water heaters.

The expansion will bring approximately 200 new jobs to the region in the coming years.

New York-based Aligned Climate Capital announced on Tuesday that it had made the 

investment, which will see Nyle open the factory this fall at 690 Maine Ave., a city-owned 

building that until 2021 housed a Wayfair customer service center.

February 27, 2023

Clarksville, Tennessee

EV battery supplier Dongwha Electrolyte to open $70 million plant in Clarksville

A company that produces electrolytes used in lithium batteries will open a $70 million

manufacturing plant in Clarksville, providing 68 jobs that pay $55,000 to $150,000 per year... 

EV battery manufacturing is ramping up in Clarksville, with big announcements already from 

LG Chem and Microvast. Dongwha Electrolyte will be a supplier to Blue Oval City (Ford) SK 

Inc., Ultium Cells and LG Chem, said Buck Dellinger, CEO, Clarksville-Montgomery County 

EDC. 

February 26, 2023

Rochester, New York

‘This is the future’: Li-Cycle awarded $375M loan for Rochester facility

Li-Cycle, a lithium-ion battery recycling company, announced that they have been awarded a 

$375 million loan for the company’s HUB facility in Rochester. The loan comes from the U.S. 

Department of Energy through the Advanced Technology Vehicles Manufacturing program in 

order to create 270 jobs once the facility is completed and will create over 1,000 construction 

jobs.

February 23, 2023

Lucedale, Mississippi

Solar farm coming to George County set to generate more than just power

The Sunflower Solar Project will generate enough power for more than 15,000 homes a year.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

“It’s supposed to be bringing in 300 construction workers, and that’s going to be good for the 

city of Lucedale sales tax, but the whole project is going to benefit both city and county greatly, 

so we are 100% behind it,” said Mayor Doug Lee.

Pine Gate Renewal is bringing the project to George County. According to Vice President of 

Product Development Sean Anderson, this is a $115 million investment.

February 22, 2023

Decatur, Alabama

Nucor plans $125 million Alabama facility, creating 200 jobs

Nucor Corp. plans to invest approximately $125 million to open an advanced manufacturing 

facility in Alabama where a new business unit, Nucor Towers & Structures, will produce 

transmission towers, Governor Kay Ivey announced today... Nucor, which already has a 

significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in 

Decatur. The positions, which have an average annual compensation of $75,000, will be filled 

over a four-year period.

Charlotte, North Carolina-based Nucor established the new business unit after its 2022 

acquisition of Summit Utility Structures LLC and Sovereign Steel Manufacturing LLC, which 

produces metal poles and other steel structures for utility infrastructure and highway signage.

February 22, 2023

Casa Grande, Arizona

New lithium-ion battery recycling plant planned for Pinal County

Ecobat, one of the largest battery recyclers globally, has made plans to locate its first North 

American battery recycling facility in the Phoenix metro and bring 60 new jobs to the area. The 

company announced that the facility will be located in Casa Grande and is Dallas-based Ecobat's 

third lithium-ion battery recycling facility. The new location will produce an estimated 10,000 

tons of recycled material per year with plans to expand capacity. Operations are expected to start 

in the third quarter of 2023.

February 21, 2023

Mount Holly, North Carolina

Duke Energy to mobilize first-of-its-kind microgrid-integrated fleet electrification center

Duke Energy has announced it will build a first-of-its-kind performance center that will model 

and accelerate the development, testing and deployment of zero-emissions light-, medium- and 

heavy-duty commercial electric vehicle (EV) fleets. The site will be located at Duke Energy’s 

Mount Holly Technology and Innovation Center and will incorporate microgrid integration.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of 

America’s largest energy holding companies. Its electric utilities serve 8.2 million customers in 

North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North 

Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people

February 21, 2023

Rincon, Georgia

Sewon America Announces 740 New Jobs in Effingham County

Governor Brian P. Kemp today announced that Sewon America, a subsidiary of Korean-based 

Sewon Precision Industry Co., will create 740 new jobs in Rincon and invest more than $300 

million in a new Effingham County manufacturing facility. This project is the largest known 

private investment in the City of Rincon, to-date. This announcement also fulfills the 

commitment to create jobs and investment in all four of the Savannah Harbor Interstate-16 Joint 

Development Authority (JDA) counties as a result of Hyundai's Metaplant location in Bryan 

County - the largest economic development project in state history. Suppliers for the Metaplant 

have now committed over $1.8 billion in investment, surpassing initial estimates by at least $800 

million.

Sewon America was established in 2008 in LaGrange, as a Georgia company. Sewon primarily 

operates in the Motor Vehicles and Car Bodies industry within the Transportation Equipment 

sector, producing stamped body components. Sewon Group is celebrated for its high-quality 

automotive parts and will continue its tradition of excellence in the new Rincon facility.

February 20, 2023

Cope, South Carolina

$70M solar farm planned; construction starts in Cope in 2025

May Renewables LLC is planning to build a $70 million solar farm and storage facility near 

Cope in Orangeburg County. The facility will have a 100 megawatt solar farm. It will include a 

100 megawatt/400 megawatt battery energy storage system, Beaufort Rosemary LLC Managing 

Director Kevin Casey said.

The company is not anticipating the creation of new, ongoing jobs as a result of the project. 

Construction and maintenance jobs will be connected to the project.

May Renewables is owned by Renewco Power Holdings LLC. Beaufort Rosemary is the project 

developer.

February 15, 2023

Lebanon, Tennessee

Tritium to Add 250+ Tennessee Jobs; Recognized for Safe and Sustainable Workplace at 

U.S. Factory

Tritium DCFC Limited (“Tritium” of the “Company”) (Nasdaq: DCFC), a global leader in direct 

current (“DC”) fast chargers for electric vehicles (“EVs”), today announced that the Company 

will be adding more than 250 jobs to the total anticipated workforce at its Lebanon, Tennessee 
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factory. The Company also shared the recent achievement of International Organization for 

Standardization (“ISO”) certifications at the facility.

Founded in 2001, Tritium (NASDAQ: DCFC) designs and manufactures proprietary hardware 

and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium’s 

compact and robust chargers are designed to look great on Main Street and thrive in harsh 

conditions, through technology engineered to be easy to install, own, and use. Tritium is focused 

on continuous innovation in support of our customers around the world.

February 13, 2023

Marshall, Michigan

Ford to build $3.5B battery plant at Marshall mega site

Ford Motor Co. plans to build a $3.5 billion electric vehicle lithium-ion battery plant and create 

2,500 jobs in southwest Michigan.

Supported by $246 million in state incentives, the Dearborn automaker will construct a sprawling 

2.5 million-square-foot battery facility on 1,900 acres of farmland in Marshall pegged for 

development.

“At this plant, the team will build a new kind of factory. These batteries will be more affordable, 

incredibly durable and they’ll charge faster,” said Ford Executive Chair Bill Ford at a Monday, 

Feb. 13, press conference alongside state and local leaders.

February 9, 2023

Sealy, Texas

FTC Solar Announces Solar Tracker Manufacturing Joint Venture

FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and 

engineering services, and Taihua New Energy (Thailand) Co., LTD (“Taihua New Energy”), a

leading steel fabricator, today announced a joint venture agreement for the creation of Alpha 

Steel LLC (“Alpha Steel”), a manufacturing partnership dedicated to producing steel 

components, including torque tubes, for utility-scale solar projects. 

Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a leading 

provider of solar tracker systems, technology, software, and engineering services. Solar trackers 

significantly increase energy production at solar power installations by dynamically optimizing 

solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling 

performance and reliability, with an industry-leading installation cost-per-watt advantage.

February 9, 2023

Rock Hill, South Carolina

405 jobs coming to Charlotte region as Pallidus brings $443M headquarters, 

semiconductor plant
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

A manufacturer of semiconductors will relocate its corporate headquarters and open a 

manufacturing operations center in York County, South Carolina. In doing so, Pallidus will 

invest $443 million in the region, with plans to add as many as 405 jobs to the regional 

economy. The firm’s new headquarters will be in Rock Hill, South Carolina, and the move is 

expected to enable the company to scale its capacity.

February 9, 2023

McCarran, Nevada

LPO Offers Conditional Commitment to Redwood Materials to Produce Critical Electric 

Vehicle Battery Components From Recycled Materials

The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) today announced a 

conditional loan commitment of $2 billion to Redwood Materials for the construction and 

expansion of a battery materials campus in McCarran, Nevada that will support the growing 

electric vehicle (EV) market in America. Once fully operational, the project would be the first 

domestic facility to support production of anode copper foil and cathode active materials in a 

fully closed-loop lithium-ion battery manufacturing process by recycling end-of-life battery and 

production scrap and remanufacturing that feedstock into critical materials. Redwood Materials 

is expected to create approximately 3,400 good-paying construction jobs and employ 

approximately 1,600 full-time employees, including labor, technical staff, and on-site 

management.

Redwood Materials’ Nevada operation recycles end-of-life batteries from consumer electronics 

like cell phone batteries, laptop computers, power tools, and other electronic waste, 

remanufacturing these feedstocks into critical components that help support the domestic 

lithium-ion battery supply chain. 

February 8, 2023

Memphis, Tennessee

Solar tube maker adds 129 jobs in Tennessee and more business news

MSS Steel Tubes USA LLC officials announced Wednesday it will invest $6 million to retrofit 

an existing facility in Memphis, which will create 129 new jobs. Company officials said the 

Memphis location will position MSS Steel Tubes to better serve its U.S. customer base of solar 

panel manufacturers.

MSS Steel Tubes USA LLC is a subsidiary of MSS Steel Tubes SA, which is based in Portugal, 

with participation from Metalogalva Group, from Portugal, and Soufer Group, from Brazil.

February 7, 2023

Durham County, North Carolina

EV charger manufacturer doubles jobs commitment in Durham – now 601

A manufacturer of electric vehicle chargers that is building a new facility in Durham County is 

upping its commitment to hire local Triangle workers by 300 jobs, following the approval of a 

local economic incentive at the Durham County Board of Commissioners meeting on Monday 

night.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Kempower, Inc., which is headquartered in Finland, announced earlier this month that it would 

be investing about $41 million to establish its first U.S. facility with plans to build and 

operationalize a network of half a million electric vehicle chargers across the United States 

following the approval of the state’s Economic Investment Committee for a state incentives 

package known as a job development investment grant, or JDIG.... the economic development 

manager for Durham County, who presented the local incentives package on Monday night, the 

company will create 601 jobs in Durham County with average annual wages of more than 

$71,000.

February 3, 2023

Sheboygan, Wisconsin

Wisconsin utilities are investing in battery storage to aid clean energy transition

WEC Energy Group, the parent company of Wisconsin Public Service and We Energies, 

announced Thursday it is working on a pilot project to test a new form of long-duration energy 

storage at its Valley Power Plant in Milwaukee. The previous day, Alliant Energy announced 

plans to develop a battery energy storage system adjacent to the Edgewater Generating Station in 

Sheboygan, which has an anticipated project cost of $200 million.

February 1, 2023

Piney River, Virginia

Solar farm operation planned in Piney River at former titanium mine site

Piney River Solar LLC plans to seek zoning approval from the county to operate a 50-megawatt 

solar panel farm on private land situated between Patrick Henry Highway and Rose Mill Road... 

expected to provide enough power to serve about 13,500 homes and will generate more than $8 

million in tax revenue for Amherst County over a 40-year projected lifespan, a handout from the 

solar company states. “It will also provide 200 well-paying construction jobs over the 6-9 

months of construction while providing a boost to local hospitality businesses,” the handout 

reads.

February 1, 2023

Bloomingdale, Georgia

Gov. Kemp: Seoyon E-HWA Joins Growing List of Hyundai Suppliers, Nearly Doubles 

Georgia Employment

Governor Brian P. Kemp today announced that Seoyon E-HWA, a global auto parts supplier that 

manufactures both interior and exterior components, will create 740 new direct and indirect 

jobs and invest almost $76 million in a new manufacturing facility in Chatham County.

Established in 1972, Seoyon E-Hwa operates 32 corporations in North America, South America, 

Europe, and Asia. Seoyon E-Hwa supplies door trim, headlining, seats, C/PAD, bumpers, and 

other parts to Hyundai Motor Group, Kia, Mercedes-Benz, Ford, Volkswagen, and more. 

January 31, 2023
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Becker, Minnesota and Pueblo, Colorado

Retired coal sites to host multi-day iron-air batteries

Solar and wind power have variability in their productive hours, as multi-day weather events can 

impact output. Therefore, multi-day storage that is cost effective is important in grid reliability.

This is the logic that supported the creation of Boston startup Form Energy’s iron-air batteries. 

The grid-scale batteries can store intermittent renewables-sourced electricity for 100 hours at 

costs competitive with conventional power plants.

Utility Xcel Energy said it will install two 10 MW/1,000 MWh iron-air batteries – one at a 

retired coal plant in Minnesota and another on a restored site in Colorado. The projects are 

expected to go online in 2025, following regulatory approval.

January 31, 2023

United States

GM to invest $650 million in a lithium company to support its electric vehicle business

General Motors said Tuesday it plans to invest $650 million in Lithium Americas to secure 

access to lithium, a vital component of batteries for electric vehicles. It’s the biggest investment 

an automaker has ever made to secure sources of the raw materials that go into batteries, the 

companies said. Lithium is a critical component for batteries because it has a very high energy 

density and withstands charging and discharging well, according to GM and Lithium Americas.

“Direct sourcing critical EV raw materials and components from suppliers in North America and 

free-trade-agreement countries helps make our supply chain more secure, helps us manage cell 

costs, and creates jobs,” GM Chair and CEO Mary Barra said in a statement announcing the 

investment.

January 26, 2023

John F. Kennedy International Airport, Queens, New York

A giant solar microgrid is coming to New York City’s JFK airport

A sprawling new terminal at one of New York City’s top airports will be able to keep operating 

during grid outages thanks to a solar-powered microgrid that’s scheduled to come online starting 

in 2026, the project’s developer announced on Thursday.

The 11.34-megawatt microgrid at John F. Kennedy International Airport is set to feature the 

largest rooftop solar array on any U.S. airport or in New York City. Some 13,000 solar panels 

will cover the $9.5 billion New Terminal One now under construction in southeast Queens, 

according to AlphaStruxure, a joint venture between Schneider Electric and Carlyle Group.

“Microgrids solve two of the most serious challenges, resilience and decarbonization, with a 

single solution,” Annette Clayton, CEO of Schneider Electric North America, said in a 

statement.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

January 26, 2023

Pampa, Texas

Cabot Corp. Plans to Invest in U.S. Conductive Carbon Additives Capacity for Electric 

Vehicle Li-ion Battery Applications

Cabot Corporation (NYSE: CBT) today announced that it plans to add conductive carbon 

additives (CCA) capacity in the United States to enhance its leadership position in the market 

and support the transition to electric vehicles (EVs). Cabot plans to add conductive carbons 

capacity at their existing facility in Pampa, Texas, which is part of an approximately $200 

million planned investment program over the next five years focused on expanding the 

company’s CCA production in the United States.

The adoption of EVs plays a key role in the decarbonization of the economy, and the U.S. 

government has announced targeted efforts to build a domestic EV battery supply chain. As part 

of these efforts, federal and state governments have implemented a variety of programs in the 

form of grants, loans, and tax incentives. Cabot believes that many of these programs present 

potential funding opportunities for the company in its efforts to expand CCA production capacity 

in the U.S.

As part of its investment plans, Cabot expects to invest approximately $75-90 million to produce 

15,000 metric tons of conductive carbons annually at its existing facility in Pampa, TX. This 

project is expected to create approximately 75 high-quality jobs and is expected to commence 

operation at the end of calendar year 2025. In addition to a manufacturing plant, Cabot also 

operates a research and development facility and pilot plant in Pampa that focuses on developing 

new process technology for battery and other applications.

January 26, 2023

Franklin, Kentucky

LioChem e-Materials LLC to Invest Over $104 M, create 141 full-time jobs in Simpson 

County

Gov. Andy Beshear announced Thursday further growth in the state’s EV industry as LioChem 

e-Materials LLC, a subsidiary of Toyo Ink SC Holdings Co. Ltd, will locate a new facility in 

Simpson County with a $104.4 million investment creating 141 quality jobs for local 

Kentuckians to support electric vehicle battery production.

“Kentucky has made incredible strides developing our electric vehicle industry during the past 

few years,” said Beshear. “We are committed to making Kentucky an attractive location for 

companies making EVs, batteries and the supply chain around this fast-growing sector.”

The project, located at 310 Ronnie Clark Drive in Franklin, will help support the growing EV 

sector throughout Kentucky and the surrounding region.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

January 26, 2023

Roswell, Georgia

SK Battery America to Open U.S. IT Center, Create 200 High-Tech Jobs in Roswell

Governor Brian P. Kemp today announced that SK Battery America (SKBA) will open a 

regional IT hub facility in Roswell, creating 200 high-tech jobs and investing approximately $19 

million over the next few years.

“We're proud of SK Battery America’s continued growth here in the No. 1 state for business,” 

said Governor Brian Kemp. “This innovative company continues to bring the jobs of the future 

that will benefit hardworking Georgians in manufacturing, and now it will also tap into the tech 

talent our top-ranking universities provide.”

SK Battery America is investing nearly $2.6 billion in two lithium-ion battery manufacturing 

facilities in Jackson County to supply electric vehicles such as the Ford F-150 Lightning and 

Volkswagen ID.4. The SKBA facility is one of SK Group’s three major investments in the State 

of Georgia. Founded in 1976, SK Group is the second-largest conglomerate in South Korea.

January 24, 2023

Sparks, Nevada

Tesla to build $3.6 billion battery, electric semi-truck manufacturing facility in Northern 

Nevada

Tesla will launch a new multi-billion-dollar advanced manufacturing project in Northern Nevada 

for its semi truck and batteries, the latest investment by the electric vehicle and technology 

company in the Silver State.

“Last night, I said that Nevada is open for business, effective immediately — and I meant it,” 

Lombardo tweeted.

“Today, @ElonMusk announced Tesla’s new $3.6B factory in northern Nevada. This is an 

incredible investment in our state.”

The Tesla project is expected to create 3,000 jobs in Nevada, according to Mitch Landrieu, the 

Biden administration’s infrastructure chief. 

January 21, 2023

Defiance, Ohio; Rochester, New York; Flint, Michigan; and Bay City, Michigan

GM to invest close to $1B in 4 US factories, 2 in Michigan

General Motors is investing $918 million in four U.S. plants for expanded V-8 engine 

production in light-duty full-size pickups and large SUVs as well as component parts for electric 

vehicles.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

GM made the announcement Friday at Flint Engine plant where GM leaders, UAW leaders and 

Michigan's Lt. Gov. Garlin Gilchrist gathered. As part of the investment, two plants in Michigan 

will receive new products to build: Flint Engine Operations and Bay City Powertrain facilities.

GM said of the $918 million, $854 million will go to prepare the facilities to make GM's sixthgeneration small block V-8 engine used in the Chevrolet Camaro, light duty pickups and large 

SUVs. An additional $64 million will be invested in Rochester Operations in Rochester, New 

York, and Defiance Operations in Defiance, Ohio, plants to make castings and components to 

support GM's EV production.

January 18, 2023

Sturgeon Bay, Wisconsin

Fincantieri Bay Shipbuilding Picked to Build Wind Farm Service Operation Vessel for 

Crowley and ESVAGT

Following up on yesterday’s news that Crowley and ESVAGT are moving forward with plans to 

construct a service operations vessel (SOV) for the U.S. wind market, Fincantieri is today 

reporting today that Fincantieri Bay Shipbuilding (FBS) will construct the vessel in Sturgeon 

Bay, Wisconsin.

Fincantieri Marine Group announced Wednesday it has reached an agreement on a contract with 

CREST Wind, a joint venture between Crowley and ESVAGT, to design and build the 288-foot, 

Jones Act-compliant SOV designed by HAV Design AS of Norway.

SOVs are purpose-built vessels used to transport technicians to service and sustain the operation 

of wind turbines at sea.

January 18, 2023

Sparks, Nevada

Aqua Metals Selects Tahoe-Reno for Commercial Lithium Battery Recycling Campus

Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals" or the “Company”), a pioneer in 

sustainable lithium battery recycling, today announced the completion of due diligence on a 

property in Tahoe-Reno, as well as plans to commence phased development of a five-acre 

recycling campus designed to process more than 20 million pounds of lithium-ion battery 

material each year with its innovative Li AquaRefiningTM technology.

Nevada is the only U.S. state with companies across every facet of the lithium battery supply 

chain (mining, manufacturing, and recycling), and Aqua Metals is planning its state-of-the-art 

recycling campus in the Tahoe-Reno Industrial Center (TRIC) in the heart of the region’s 

growing battery ecosystem. Aqua Metals intends to design and develop the campus with the goal 

of sustainably recycling enough critical metals - like lithium hydroxide, nickel, copper, and 

cobalt - from spent lithium batteries to supply the raw materials for manufacturing 100,000 

average EV battery packs every year.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

The Company’s patent-pending Li AquaRefiningTM technology is an innovative, closed-loop 

recycling system based on electroplating, producing high-purity metals with electricity instead of 

polluting furnaces or one-time-use chemical waste of other recycling approaches. Aqua Metals 

currently operates what it believes to be the first sustainable lithium battery recycling facility at 

its nearby Li AquaRefining pilot plant and plans to power the new commercial-scale campus 

using on-site renewable energy and purchase additional carbon-free energy to match its usage 

and overall carbon impact.

January 18, 2023

Shelton, Connecticut

Pune’s Quench Chargers Set to Power American EV Industry with New Manufacturing 

Facility

Quench Chargers has announced that its fast chargers, which were designed in India and are 

manufactured at its plant in Pune, will now also be manufactured at the group's American 

manufacturing facility located at Shelton, Connecticut, from later this year. Quench chargers will 

initially be sent as CKD kits from India for local assembly in the USA before being 

progressively localized with American-made components and manufacturing. The company has 

appointed Bjoern Stoll, President & CEO at Digatron Power Electronics, Inc America, as Head 

of Quench (Americas).

Ranging in capacities from 30KW to 60KW/ 120KW/180KW/240KW and 360KW, Quench 

chargers are available in CCS1, CCS2, and ChaDeMo protocols.

Bjoern Stoll, who has spent the last 10 years in the hydrogen & cryogenic industry sector, said," 

It is exciting to be taking this cutting-edge EV charger technology which has so far been 

designed, made in India and with many charger units now successfully installed in Australia, 

Southeast Asia, Europe and soon also the USA. The market in the US is experiencing significant 

growth following the announcement by the Biden Administration to support the rollout of 

sophisticated high-power EV charging infrastructure around the country."

January 12, 2023

Fairfax, Virginia

Iowa business to open facility in Fairfax to recycle wind turbine blades

New Iowa business, REGEN Fiber, is opening a new facility in Fairfax where it plans to recycle 

wind turbine blades, so they don’t end up in landfills.

The company, owned by Travero, said it has created a patent-pending process, that was tested at 

its Des Moines facility, to convert the decommissioned wind turbine blades into reusable 

materials for use in the concrete and mortar industries.

The company also said its process is an environmentally friendly way to dispose of the turbine 

blades that doesn’t involve releasing combustion byproducts into the atmosphere.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

The material is described as a reinforcement fiber that contributes to the strength and durability 

of things like pavement, precast products and slabs-on-grade.

January 11, 2023

Austin, Texas 

Tesla plans to spend $700M+ to expand Austin gigafactory

Central Texas’ largest manufacturer is poised to get even bigger.

Tesla plans to pour $717 million into constructing 1.4 million additional square feet of space at 

its Austin gigafactory. The plans call for four new buildings to be built and finished out at 1 

Tesla Road, starting at the end of this month.

Bryce Bencivengo with the Greater Austin Chamber of Commerce said less than a year after the 

gigafactory has opened, the car maker has already diversified the local economy.

January 11, 2023

Cartersville, Georgia and Dalton, Georgia

Qcells bringing 2,000 jobs, solar manufacturing campus to Bartow County, part of a $2.5B 

to expansion

The announcements keep getting better about solar energy manufacturer Qcells’ expansion in 

Northwest Georgia, including Bartow County.

The company plans an overall $2.5 billion investment, which will see 2,500 jobs when 

operational. Of those, 2,000 jobs will be coming to Cartersville/Bartow County. The other 510 

jobs will be part of Qcell’s third facility near Dalton, joining one opened in 2019 and a second 

due soon.

The Qcells releases come a month after plans for an electric vehicle battery plant with 3,500 jobs 

was announced at Bartow Centre off U.S. 411 on the Rome side of Cartersville. It is scheduled to 

be in service in 2025. The $4 billion to $5 billion EV battery plant is a partnership between SK 

On and Hyundai Motor Group.

January 11, 2023

Phoenix, Arizona

Chinese solar panel maker to open Phoenix manufacturing facility

A global company that makes solar panels has leased property in west Phoenix for its first U.S. 

manufacturing facility.

JA Solar will invest $60 million in the project, which is expected to create more than 600 jobs, 

the Arizona Commerce Authority said in a press release Tuesday.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

“There’s no better place in the world for sustainable industries like solar and we are excited to 

see this facility add to Arizona’s clean energy reputation,” Gov. Katie Hobbs said in the release.

January 11, 2023

Irvine, California

StoreDot expands globally with opening of CA innovation hub to accelerate development of 

semi-solid state batteries

StoreDot, the pioneer of extreme fast charging battery technology for electric vehicles, today 

announces further global expansion with the official opening of its first US research facility in 

Irvine, California, USA.

The new lab facility will be used to speed up StoreDot's development of semi-solid battery 

technology and battery material research. Its location was chosen to access the wealth of talent in 

the West Coast of the US and to strengthen the company's relationship with US-headquartered 

electric vehicle manufacturers.

The US team is headed by StoreDot's global Chief Science Officer Dr David Lee with ambitious 

plans to rapidly expand the company's US-based R&D expertise. Dr Lee and his team will work 

in tandem with StoreDot's Israel-based R&D headquarters, enabling it to scale up globally and 

remain firmly on track for its 100inX strategic technology roadmap. Announced last year, the 

roadmap will see the delivery of mass produced battery cells capable of 100 miles of range in 

five minutes of charge by 2024, 100 miles in three minutes by 2028 and 100 miles in two 

minutes by 2032.

January 9, 2023

Maspeth, New York

Ravel announces new ‘superhub’ coming to Maspeth

Brooklyn-based electric mobility startup Revel on Jan. 9 announced that it would be developing 

and opening new high-volume electric vehicle (EV) charging stations in Maspeth as a part of 

their citywide expansion.

According to Revel, 60 new charging station hubs will be installed in Maspeth.

“Making fast, reliable electric vehicle charging accessible across New York City’s five boroughs 

is at the foundation of reducing emissions in our city,” said Deputy Mayor for Operations Meera 

Joshi. “We applaud Revel’s infrastructure investment in New York City, which will make it 

easier for drivers to go electric.”

January 9, 2023

Richmond, California

Raven SR, Chevron and Hyzon Motors Collaborate to Produce Hydrogen from Green 

Waste
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Raven SR Inc. (Raven SR), a renewable fuels company, Chevron New Energies, a division of 

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Hyzon Motors 

Inc. (NASDAQ: HYZN) today announced they are collaborating to commercialize operations of 

a green waste-to-hydrogen production facility in Richmond intended to supply hydrogen fuel to 

transportation markets in Northern California.

The facility will be owned by a newly formed company, Raven SR S1 LLC (Raven SR S1). 

Raven SR will be the operator of the facility, which is targeted to come online in the first quarter 

of 2024. Chevron holds a 50% equity stake in Raven SR 1. Raven SR holds a 30% stake and 

Hyzon owns the remaining 20%.

To produce the hydrogen, the project is expected to divert up to 99 wet tons of green and food 

waste per day from Republic Services' West Contra Costa Sanitary Landfill into its noncombustion Steam/CO2 Reforming process, producing up to 2,400 metric-tons per year of 

renewable hydrogen. Diversion of this organic waste will help fulfill California's SB 1383 

mandates, and will potentially avoid up to 7,200 metric-tons per year of CO2 emissions from the 

landfill. In addition, Raven's technology uses no fresh water, an important element given drought 

risks in California, and uses less electricity to power its units than competing processes. The 

project is expected to produce at least 60% of its own electricity by upgrading the currently 

permitted and zoned landfill gas electric generators at the landfill, further reducing both the 

current air emissions and the need for grid power for its non-combustion process.

January 5, 2023

Register, Georgia

Gov. Kemp: Longtime Kia and HMG Supplier to Build Manufacturing Facility in Bulloch 

County

Governor Brian P. Kemp today announced that Ecoplastic Corporation, an automotive parts 

manufacturer, will create 456 new jobs and invest approximately $205 million in a new 

manufacturing facility in Bulloch County.

"We're proud to welcome Ecoplastic to our growing ecosystem of manufacturers, logistics 

professionals, suppliers, and more, building on the record-breaking jobs and investments that are 

on their way to the Peach State," said Governor Brian Kemp. "This great company will be able to 

serve the Hyundai Metaplant well from Statesboro, where it will find a welcoming community of 

hardworking Georgians and close proximity to our ports system."

Established in 1984, Ecoplastic Corporation is a Korea-based company that manufactures plastic 

automobile parts for original equipment manufacturers (OEMs) and other suppliers. Ecoplastic is 

a Tier-1 supplier for Hyundai Motor Group (HMG) and Kia and engages in the manufacturing of 

automotive interior and exterior plastic parts, including bumpers, consoles, trims, and plastic 

molds.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

December 29, 2022

Lewis Center, Ohio

EVE Energy North America Chooses Ohio for R&D Center Expansion

JobsOhio and EVE Energy North America today announced that Eve will construct a new R&D 

facility focused on the testing, design and storage of state-of-the-art lithium-ion batteries... EVE's 

proprietary energy storage techniques can support the full life cycle of these batteries, which in 

some cases are 10-20 years. The project will result in a total of 12 new jobs, more than doubling 

the number of associates in Lewis Center. The company will also invest at least $5.7M in 

machinery and equipment, building renovation, and construction.

EVE Energy North America is an Ohio corporation founded in 2014. Their products are widely 

used in the Internet of Things (IoT), Electric Vehicles (EVs), and Energy Storage Solutions 

(ESS). EVE Energy North America employs knowledgeable bilingual support staff with 20+ 

years of battery experience located in the states to simplify communication, on-site technical 

support, and provide program management capabilities to assist with keeping your projects on 

track from design to production. 

December 28, 2022

Weirton, West Virginia

Form Energy to build facility in West Virginia steel town

Form Energy Inc., a startup developing multi-day energy storage systems, is expected to begin 

construction in 2023 of a factory in Weirton, West Virginia – a town that was once a leader in 

steel production. Form Energy hopes to begin manufacturing the clean energy iron-air battery 

systems in 2024. West Virginia Gov. Jim Justice said the factory will be built with a total 

investment of $760 million, which includes $290 million in “asset-based performance financing” 

incentives from the state. The state will maintain ownership of the land and the buildings, 

according to Justice. The governor’s office estimates the new manufacturing plant will create a 

minimum of 750 jobs and pave the way for the state to reshape its electric system to run on 

“100% low-cost renewable energy.”

December 20, 2022

Auburn, Alabama

EV charging station manufacturer plans $8 million Auburn plant, to hire 180

A plant that makes fast charging stations for electric vehicles is planning its first U.S. location in 

Auburn.

ADS-TEC Energy today announced an $8 million project which is expected to create about 180 

jobs. ADS-TEC Energy uses lithium-ion technology to create rapid electric charging stations, 

with battery buffers that allow for fast charging without the need to expand power grids.

December 17, 2022

Bellevue, Ohio
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Autokiniton to invest $15 million in Bellevue plant

Autokiniton will invest $15 million and create 150 new jobs to support its growing business in 

Sandusky County. Recently, the Ohio Tax Credit Authority approved a Job Creation Tax Credit 

for the company.

The Bellevue facility primarily supplies frames for Ford Motor Company. Inside the facility, 360 

associates operate and maintain an incredible array of automated assembly equipment, working 

together to create quality parts with industry-leading precision and speed. Every two minutes, a 

completed frame rolls off the assembly line — one of more than 200,000 produced every year in 

Bellevue.

December 15, 2022

Lancaster, Ohio

Cirba Solutions Secures Over $200 Million Investment to Grow its Closed Loop EV 

Battery Recycling & Materials Production in North America

Cirba Solutions, the largest and most comprehensive battery management and materials 

processor for end-of-life batteries and gigafactory manufacturing scrap, has received a $245 

million minority investment from the EQT Infrastructure V fund ("EQT Infrastructure"). The 

Heritage Group, a fourth-generation family-owned business managing a diverse portfolio of 

companies focused on a safer, more enriching, and sustainable world, will remain the majority 

owner of Cirba Solutions..

Cirba Solutions is the most trusted and only complete service provider in the battery 

management industry, taking batteries at end-of-life, processing them to extract critical materials 

and supply these materials back in the supply chain. With an operational, differentiated platform 

the full suite of capabilities addresses lithium-ion and cross-chemistry battery demand supporting 

a circular battery supply chain for the industry. It is the leader in end-to-end battery recycling 

management solutions, offering battery-centric logistics, collection program solutions, secondlife applications, and validating cathode production, with technological processes that emphasize 

environmental compliance. Cirba Solutions combines the resources and expertise of Heritage 

Battery Recycling, Retriev Technologies, and Battery Solutions.

December 14, 2022

Carrollton, Texas

Siemens is opening an EV charger factory in Texas

EV tech and infrastructure giant Siemens eMobility today announced that it will locate its second 

US manufacturing hub for EV chargers in Carrollton, Texas, outside of Dallas. Siemens says it 

will retrofit the 80,000-square-foot Carrollton plant so that it can ramp up production of the EV 

chargers quickly. The new hub will create 100 jobs at the facility and across the regional supply 

chain, and the plant is expected to be fully operational by mid-2023.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

December 14, 2022

Ridgefield, South Carolina

Redwood Materials joins electric vehicle, battery trek to South Carolina

Redwood Materials is the latest company to set up shop in South Carolina's growing community 

of electric vehicle and battery manufacturers, the Carson City, Nevada-based firm said on 

Wednesday.

Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles 

(48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and 

anode materials such as nickel, cobalt, lithium and copper.

December 14, 2022

Charlotte, North Carolina

Albemarle Corporation selects Charlotte for advanced lithium technology park

Albemarle Corporation, a global specialty chemicals company, has selected Charlotte for a stateof-the-art Albemarle Technology Park, creating 200 jobs in the University City neighborhood, 

the City of Charlotte announced this week.

Albemarle will invest up to $200 million to develop the technology park that will focus on the 

research and development of advanced materials, novel process development, and nextgeneration lithium products. Innovations from the new site will enhance lithium recovery, 

improve production methods, and introduce new forms of lithium that will propel lithium-ion 

batteries and the electric vehicle sector even further.

December 14, 2022

Weepah Hills, Nevada

Chevron to create JV for U.S. geothermal projects

Chevron Corp (CVX.N) is forming a joint venture with Swedish investment and development 

firm Baseload Capital to develop geothermal projects in the United States, the companies said on 

Wednesday. Geothermal energy, which taps into heat within the earth, currently makes up less 

than 1% of the U.S. energy mix. If harnessed, it could produce 8.5% of all electricity generation 

in the country by 2050, according to the U.S. Department of Energy.

December 14, 2022

Chicago, Illinois

NanoGraf to produce advanced battery materials in facility near Chicago

NanoGraf plans to launch production of advanced silicon anode materials for the U.S. battery 

supply chain in 17,000 square foot manufacturing facility in Chicago. Production is set to begin 

in Q4 2023, with an expected phase one material production capacity of 35 tons per year, which 

is enough for 24 million battery cells. NanoGraf said it intends to ramp production to 1000 tons 

of material production per year by 2024.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

The U.S.-based company, a spinout of Northwestern University and Argonne National 

Laboratory, previously produced its silicon anode battery materials in Japan, but decided to its 

manufacturing in order to support the emerging U.S. battery supply chain. The proprietary 

silicon anode enables the world’s most energy-dense 18650 cell, the company reports.

December 13, 2022

Macomb County, Michigan

Lear Corp. plans $112M expansion in SE Mich., Traverse City to grow EV components

Tier 1 automotive supplier Lear Corp. plans a $112.5 million expansion at three facilities in 

southeastern Michigan and Traverse City to support the manufacturer’s ongoing growth in the 

electric vehicle market.

The Southfield-based company, which specializes in seating and electrical systems, plans a new 

120,000-square-foot facility in Independence Township in Oakland County. The company also 

expects to ramp up operations at existing facilities Traverse City and Macomb County to support 

the expansion, which could create up to 500 new jobs.

December 13, 2022

Independence Township, Michigan

Lear Corp. plans $112M expansion in SE Mich., Traverse City to grow EV components

Tier 1 automotive supplier Lear Corp. plans a $112.5 million expansion at three facilities in 

southeastern Michigan and Traverse City to support the manufacturer’s ongoing growth in the 

electric vehicle market. The Southfield-based company, which specializes in seating and 

electrical systems, plans a new 120,000-square-foot facility in Independence Township in 

Oakland County. The company also expects to ramp up operations at existing facilities Traverse 

City and Macomb County to support the expansion, which could create up to 500 new jobs. The 

Independence Township location would primarily be used for production in addition to 

warehousing, testing and office space

The company, which was founded in 1917 in Detroit, previously received a Michigan Economic 

Growth Authority tax abatement in 2009 and a 2017 performance-based grant that helped create 

435 new jobs. Lear went public in 1994 and currently operates 253 facilities in 38 countries with 

more than 160,000 employees. 

December 13, 2022

Traverse City, Michigan

Lear Corp. plans $112M expansion in SE Mich., Traverse City to grow EV components

Tier 1 automotive supplier Lear Corp. plans a $112.5 million expansion at three facilities in 

southeastern Michigan and Traverse City to support the manufacturer’s ongoing growth in the 

electric vehicle market. The Southfield-based company, which specializes in seating and 

electrical systems, plans a new 120,000-square-foot facility in Independence Township in 

Oakland County. The company also expects to ramp up operations at existing facilities Traverse 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

City and Macomb County to support the expansion, which could create up to 500 new jobs. Lear 

plans to use its existing Traverse City plant for manufacturing components related to the EV 

battery back, and both the Traverse City and Sterling Heights plant in Macomb County will 

supply the new Oakland County facility. The new jobs created under the expansion will pay an 

average hourly wage of $20.30 plus benefits.

The company, which was founded in 1917 in Detroit, previously received a Michigan Economic 

Growth Authority tax abatement in 2009 and a 2017 performance-based grant that helped create 

435 new jobs. Lear went public in 1994 and currently operates 253 facilities in 38 countries with 

more than 160,000 employees.

December 13, 2022

Kokomo, Indiana

Manufacturer to invest $75M in EV battery component plant in Indiana

Michigan-based company soulbrain MI has announced plans to establish manufacturing 

operations in Kokomo, Indiana, investing $75 million to create a facility to produce material for 

electric vehicle batteries. The company expected to employ 75 workers according to a 

statement. The company will employ 75 workers by the end of 2025, producing high-purity 

electrolyte for lithium-ion batteries, according to a statement from Indiana Economic 

Development Corp.

December 13, 2022

Madison, Georgia

New solar panel manufacturer to set up in Georgia with 500-MW facility

A brand-new company plans to open a 500-MW solar panel assembly factory in Madison, 

Georgia, in fall 2023. Adion Solar told Solar Power World it began exploring options to start a 

facility before manufacturing tax credits were included in the Inflation Reduction Act, intending 

to supply the commercial market. Everything is still on track for a 2023 opening, with official 

product releases determined once the Treasury Dept. provides more details on tax credit 

distribution, said Philip Devlin, part of Adion’s management team.

December 12, 2022

TBD Southeast, Michigan

Stellantis, DTE announce solar projects to power Michigan sites

The maker of Jeep SUVs and Ram pickup trucks is partnering with DTE Energy Co. to add 400 

megawatts of solar energy generation to power dozens of sites in southeast Michigan and the 

production of all of its vehicles in the state.

The addition for Stellantis could power approximately 130,000 homes annually and will avoid 

close to 740,000 tons (670,000 metric tons) of carbon dioxide emissions every year. After 

completion, the company will have reduced carbon emissions in North America by 50% and 

across its manufacturing facilities by 30%.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

December 8, 2022

Wilbarger County, Texas

Air Products and AES Announce Plans to Invest Approximately $4 Billion to Build First 

Mega-scale Green Hydrogen Production Facility in Texas

Air Products (NYSE: APD) and The AES Corporation (NYSE: AES) today announced plans to 

invest approximately $4 billion to build, own and operate a green hydrogen production facility in 

Wilbarger County, Texas. This mega-scale renewable power to hydrogen project includes 

approximately 1.4 gigawatts (GW) of wind and solar power generation, along with electrolyzer 

capacity capable of producing over 200 metric tons per day (MT/D) of green hydrogen, making 

it the largest green hydrogen facility in the United States.

The project would create more than 1,300 construction and 115 permanent operations jobs, as 

well as about 200 transportation and distribution jobs. It is also expected to generate 

approximately $500 million in tax benefits to the state over the course of the project's lifetime, 

while extending Texas' energy leadership.

December 8, 2022

Walterboro, South Carolina

Kontrolmatik Technologies establishing operations in Colleton County

Kontrolmatik Technologies, via its subsidiary Pomega Energy Storage Technologies, today 

announced plans to build a 3 gigawatt-hour (GWh) capacity lithium-ion battery factory in 

Colleton County. The company’s $279 million investment will create approximately 575 new 

jobs.

Founded by Kontrolmatik Technologies in 2022, Pomega Energy Storage Technologies is a 

manufacturer and integrator of battery energy storage systems (BESS). BESS can be paired with 

renewable energy installations or can serve as standalone systems to support existing energy 

grids. BESS offers a variety of existing grid support functions including increasing grid 

efficiency, providing grid stabilization, lowering the cost of electricity to consumers or supplying 

backup power during outages.

December 8, 2022

Bartow County, Georgia

Hyundai Motor Group and SK On To Build EV Battery Facility in Bartow County

Governor Brian P. Kemp today announced that Hyundai Motor Group (HMG) and SK On have 

selected a site in Bartow County for a new electric vehicle (EV) battery manufacturing facility 

that will supply Hyundai Motor Group’s plants in the U.S. One of the largest economic 

development projects in state history, stakeholders estimate it will create more than 3,500 new 

jobs through approximately $4-5 billion of investment in Bartow County.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, 

steel, construction, logistics, finance, IT, and service. With about 250,000 employees worldwide, 

the Group's mobility brands include Hyundai, Kia, and Genesis.

December 8, 2022

Tuscon, Arizona

Sion Power Expands Tucson, Arizona, EV Battery Plant

Sion Power Corporation, a leading technology developer of next-generation batteries for electric 

vehicles, plans to expand its existing manufacturing operations in Tucson, Arizona. The $341 

million project is expected to create 150 jobs.

Sion Power is a privately owned company that began as a spin-off from Brookhaven National 

Laboratory in 1989 as Moltech, which focused its efforts on research and development. The 

critical component of the company’s battery is the proprietary anode technology which is a key 

differentiator and enabler within the next-generation rechargeable battery market and is capable 

of delivering up to 500 Wh/kg.

December 7, 2022

Hayward, California

Designed and Built in California, EverCharge Opens Hayward Factory to Meet Growing 

Demand and Further Ongoing Commitment to U.S.-Based Production

EverCharge, a leading provider of turnkey electric vehicle (EV) charging solutions for fleet and 

multi-family homes, announced today that it is expanding its manufacturing footprint and 

opening a new 30,000 square foot production factory in Hayward, California. 

EverCharge provides hardware and software EV charging solutions for fleets and multi-unit 

homes. Their turnkey offerings are designed to utilize existing infrastructure to scale EV 

charging at the lowest cost. EverCharge’s load balancing SmartPower technology maximizes the 

number of electric vehicles that can charge at any given time and eliminates barriers such as data 

connectivity. EverCharge was founded in 2013 and is headquartered in Palo Alto.

December 6, 2022

The Colony, Texas

ELM Is Building a 125K-SF HQ and Manufacturing Plant for MicroGrid, Solar Divisions 

in The Colony

Energy and utility services innovator ELM is constructing a new, 125,000-square-foot 

headquarters and manufacturing facility in The Colony for its MicroGrid and Solar divisions. 

When fully operational, Illinois-based ELM said the facility will employ more than 100 clean-
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

energy professionals, including engineering, production technicians, customer service, sales, 

and management employees.

Founded in 1991, the ELM Companies provide utility infrastructure management solutions. The 

company’s four business specialties that can utility and energy needs through a single 

partnership. Based in Illinois, the company has a corporate office in Lewisville. Its four business 

segments are: ELM Utility Services, ELM Launchpoint, ELM Microgrid and ELM Solar. The 

company aims to be a leading partner for companies across America. Its products and services 

used among hospitality, healthcare, safety, utilities, manufacturing, construction, and private 

residences, the company said.

December 6, 2022

Florence, South Carolina

$810 Million Investment Will Create 1,170 Jobs

Envision AESC, a leading Japanese electric vehicle battery technology company, said Tuesday, 

Dec. 6, 2022, that it will build a state-of-the-art battery cell gigafactory in Florence County. The

$810 million investment will create 1,170 jobs and will support the company’s multi-year 

partnership with the BMW Group, according to the South Carolina Department of Commerce.

December 6, 2022

Tucson, Arizona

American Battery Factory to build Tucson, Arizona battery cell gigafactory

American Battery Factory, a Utah-based manufacturer of lithium-ion phosphate (LFP) battery 

cells, will build its first gigafactory in Tucson, Arizona, with 2 million square feet of production 

space. The company’s landmark site will involve a $1.2 billion capital investment, start with 300 

first phase employees and scale up to 1,000 cumulative jobs over time, bringing $3.1 billion in 

economic impact to the state.

December 6, 2022

Spring Hill, Tennessee

Spring Hill battery cell manufacturer to invest $275M more, add 400 jobs

A Maury County factory will add an additional 400 jobs in an expansion poised to supply 

General Motors’ Spring Hill assembly plant with batteries for its electric vehicle production. The 

$275 million investment at Ultium Cells will increase battery production by more than 40 

percent, according to data released by the state. The General Motors Spring Hill plant is set to 

produce its first electric vehicle, the Cadillac LYRIQ, with the Ultium batteries.

December 2, 2022

Swedesboro, New Jersey

Coal-Fired Plant Imploded in New Jersey for Battery Array

A former coal-fired power plant in New Jersey was imploded Friday, and its owners announced 

plans for a new $1 billion venture on the site, where batteries will be deployed to store power 

from clean energy sources including wind and solar.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

December 1, 2022

Storey County, Nevada

Redwood Materials Plans $1.1 Billion Investment to Expand Battery Facility in Nevada

Yesterday, the Nevada Governor’s Office of Economic Development (GOED) Board of 

Directors approved Redwood Materials $105,615,082 tax abatement. In exchange, the company 

will invest $1.1 billion in the first two years of operation to expand its large scale batter 

materials facility in Storey County and will be required to create 150 jobs in the first two years of 

operation at an average weighted hourly wage of $32.01. It is expected to grow to 450 jobs in 

five years.

Redwood Materials is creating a closed-loop domestic supply chain for lithium-ion batteries 

across collection, refurbishment, recycling, refining, and manufacturing of battery materials. The 

company recovers more than 95 percent of the metals (including nickel, cobalt, lithium, and 

copper) from batteries, and uses these to remanufacture anode and cathode components. The 

company then supplies these components back to the U.S. battery cell manufacturers.

November 30, 2022

Buckeye, Arizona

Startup Behind Made-in-US Battery Plant Raises $75 Million

Startup Kore Power, Inc. has raised $75 million of an anticipated $150 million financing round 

to fund construction of a lithium-ion battery factory in Arizona, betting the recently passed 

Inflation Reduction Act will boost demand for US-made cells.

The company plans to break ground on its KorePlex factory near Phoenix next month, with cell 

production scheduled to start in late 2024. The plant’s annual production capacity will begin at 6 

gigawatt-hours (GWh) of cells, with plans to expand to at least 12 GWh. Kore’s high-density

cells are designed for use in transportation and stationary energy storage

November 23, 2022

Richmond Hill, Georgia

Hyundai Mobis announces EV powertrain plant near Georgia coast

South Korean automaker Hyundai has announced a second large supplier for its new electric car 

plant on the Georgia coast.

Hyundai Mobis plans to invest nearly $1 billion ($926 million) in a new facility in Bryan 

County that could employ around 1,500 workers, Georgia Gov. Brian Kemp said in a news 

release.

The plant in Richmond Hill will make powertrains for Hyundai’s electric vehicles manufactured 

at its new plant scheduled to open in 2025 about 30 miles (48 kilometers) west of Savannah as 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

well as components for a Kia plant in West Point and another Hyundai plant in Montgomery, 

Alabama, officials said.

November 21, 2022

Clarksville, Tennessee

LG Chem to build $3.2B cathode plant in Clarksville

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner 

Stuart McWhorter and LG Chem officials today announced the company’s plan to invest 

approximately $3.2 billion to establish a new cathode manufacturing facility in Clarksville, 

Tennessee, which will support the electric vehicle battery value-chain in the U.S.

LG Chem’s anticipated investment of approximately $3.2 billion represents the single largest 

announced foreign direct investment in Tennessee’s history. The project is expected to create 

860 new jobs in Montgomery County.

The Clarksville facility will be the largest of its kind in the U.S. and is expected to produce 

roughly 120,000 tons of cathode material annually by 2027, which is enough to power batteries 

in 1.2 million electric vehicles with a range of 310 miles per charge.

November 19, 2022

Bedford, Indiana

GM to invest $45M at Bedford Casting Operations to expand capacity

General Motors plans to invest $45 million at its Bedford, Indiana aluminum die casting 

foundry. This investment will be used to expand the facility’s production capacity of EV drive 

unit castings to support the anticipated strong demand for the Chevrolet Silverado EV and GMC 

Sierra EV full-size pickups. The capacity expansion work at the facility will begin immediately.

In December 2021, GM announced a more than $51-million investment at Bedford to install new 

equipment to support drive unit castings production for the Chevrolet Silverado EV and various 

other casting applications.

Last year, the 1 million-square-foot site began producing electric drive unit castings that have 

been used in the 2022 GMC HUMMER EV Pickup. With more than 90,000 reservations for the 

GMC HUMMER EV pickup and SUV, GM has currently stopped taking orders.

November 16, 2023

Decatur, Alabama

First Solar plans $1.1 billion Alabama manufacturing facility with 700 jobs

First Solar Inc. plans to invest $1.1 billion to establish a photovoltaic (PV) solar module 

manufacturing facility in Lawrence County, creating over 700 jobs in North Alabama, according 

to an announcement today by Governor Kay Ivey.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

The new factory is part of the company’s previously announced investment in scaling its 

American manufacturing footprint to over 10 gigawatts (GW) by 2025.

The facility in Lawrence County’s Mallard Fox West Industrial Complex is expected to be 

commissioned in 2025, with a planned annual capacity of 3.5 GW.

The new fully vertically integrated facility will join three factories in Ohio, including one that 

will come online in the first half of 2023, to form First Solar’s expanded domestic manufacturing 

footprint.

November 15, 2022

Plano, Texas

SK Signet to Create up to 183 jobs for EV Fast Charger Manufacturing Facility in Plano, 

Texas

SK Signet, a top global manufacturer of electric vehicle (EV) charging solutions, announced 

plans today to create up to 183 highly-skilled jobs for a new EV charger manufacturing facility 

in Plano, Texas.

With this facility, SK Signet will produce a range of fast-charging solutions, including providing 

the first U.S.-manufactured ultra-fast chargers and power cabinets that offer more than 350kW of 

power. The facility, covering 136,200 square feet, is expected to be operating at full capacity by 

July 2023, producing more than 10,000 fast chargers per year. SK Signet plans to create up to 

183 jobs at the site by 2026.

The manufacturing facility is SK Signet's first in the U.S. and will align with the goals of the 

Infrastructure Investment and Jobs Act and the National Electric Vehicle Infrastructure (NEVI) 

program, boosting domestic manufacturing of secure, interoperable EV chargers and supporting 

the growth of a nationwide EV charging infrastructure.

November 14, 2022

Coweta County, Georgia

FREYR Battery Plans Coweta County, Georgia, Manufacturing Center

FREYR Battery, a developer of clean, next-generation battery cell production capacity, will 

establish a manufacturing facility in Coweta County, Georgia. The $2.57 billion project is 

expected to create 723 jobs.

The new facility, to be called Giga America, will be located at the Bridgeport Industrial Park 

site, which has been zoned for a mix of heavy and light industrial use since 2014.

"At FREYR, we are deeply committed to the ambition we share with our U.S. partners to 

decarbonize the transportation and energy sectors," said FREYR’s Co-Founder and CEO Tom 

Einar Jensen. "As we advance our U.S. expansion plan in cooperation with our key stakeholders, 

we expect to make meaningful investments to spur job creation and the eventual development of 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

localized, decarbonized supply chains in the U.S. to enhance energy security and economic 

activity."

November 9, 2022

Statesboro, Georgia

Auto parts manufacturer planning $317M investment in Georgia to supply Hyundai EV 

plant

An automotive parts manufacturer is planning to spend $317 million on a new manufacturing 

facility near Statesboro, but state officials won't say how much of the bill taxpayers will have to 

cover.

Joon Georgia Inc. plans to create 630 new jobs at Bulloch County's Bruce Yawn Commerce 

Park, previously named the Southern Gateway Commerce Park. State officials touted the news as 

"the first confirmed supplier" for Hyundai Motor Group's new Bryan County facility.

In May, Hyundai Motor Group announced it had selected Georgia for its "first fully dedicated 

electric vehicle and battery manufacturing facility." The company plans to invest more than $5.5 

billion to build the facility at the 2,923-acre Bryan County Megasite along Interstate 16.

November 9, 2022

Oklahoma City, Oklahoma

Canoo to expand to Oklahoma City with electric vehicle manufacturing plant

Canoo Inc. (NASDAQ: GOEV), a high-tech advanced mobility company has entered into a longterm lease agreement with an affiliate of AFV Partners, a related party, for its recently 

announced Vehicle Manufacturing Facility in Oklahoma City. Canoo will initially occupy close 

to 500,000 square feet, with the ability to expand. In phase 1, Canoo expects to employ more 

than 500 people, ramping teams over the coming months.

“One of the reasons we picked Oklahoma is because it has one of the most amazing workforces 

in America. They have proven themselves across many industries, including aviation and aero 

defense, which is why we are excited to announce our second manufacturing facility in 

Oklahoma City, following our Vehicle Module Manufacturing Facility event on April 5, in 

Pryor, OK,” said Tony Aquila, Chairman and CEO at Canoo. “I want to thank Mayor Holt and 

the people of Oklahoma City for welcoming us. I also want to thank Secretary of Commerce 

Mariska and his team for all their help, as well as Terex leadership for allowing us to get started 

with our teams prior to the close.” 

November 9, 2022

Mebane, North Carolina

Battery Manufacturer Expands in North Carolina
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Sunlight Batteries USA is spending $40 million to build a new battery assembly plant here. The 

new facility will be equipped with five lithium-ion battery assembly lines, including a fully 

automated one and one dedicated to large-scale energy storage systems. The facility is expected 

to create more than 200 jobs.

Sunlight Batteries USA is a subsidiary of the Sunlight Group, headquartered in Athens, Greece. 

The Mebane facility is part of a $560 million global expansion plan that includes $150 million 

for increasing the company’s presence in the U.S. market.

November 9, 2022

Kingston, New Hampshire

Unitil seeks permission to build 5-megawatt solar array in Kingston

Unitil Corp. plans to invest $16.3 million of ratepayer money to build and own a 5-megawatt 

solar array in Kingston.

The project would be larger than any solar facility in the state that’s currently in operation, and it 

would also be the first energy-generating asset to be built and owned by a regulated utility since 

a restructuring came to be in the late 1990s..

“This is a first for us,” said Alec O’Meara, the company’s spokesperson. It is also in keeping 

with the utility goal to be 100 percent renewable by 2050. While that goal is just for the 

company’s internal operations, the company also supports a regional shift toward renewable 

energy.

November 9, 2022

Shelby Township, Michigan; St. Clair, Michigan; and Highland Park, Michigan

Auto Parts Manufacturer to Create More Than 1,500 Jobs in Michigan with 3 Expansions

A major global auto supplier plans to invest more than $500 million into its Michigan 

operations, company and state officials announced.

Magna executives said the three Southeast Michigan projects, which would amount to $526 

million in capital expenditures, would support new production agreements inked by the Canadabased contract manufacturer. They are expected to create more than 1,500 new jobs overall.

The bulk of the funding, nearly $427 million, would go toward a 740,000-square-foot expansion 

at its St. Clair, Michigan, plant, where its Electric Vehicle Structures division will make battery 

trays for EVs produced in the Midwest beginning in late 2023. That facility would also account 

for a majority of the new hires: an estimated 920 added jobs.

Magna will also spend just over $96 million on a newly leased facility in Shelby Township, 

Michigan, which will produce internal components for EV battery trays. Nearly 160 jobs are 

expected to be added at that factory.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

The company’s Highland Park, Michigan, automotive seating facility, meanwhile, will see $3.7 

million in spending but create 490 jobs. The suburban Detroit factory will house new assembly 

equipment for frame lines, as well as equipment relocated to its operations from a supplier.

November 7, 2022

Lancaster, California

City of Lancaster Announces Collaboration with Heliogen to Produce Green Hydrogen

The City of Lancaster today announced the signing of a memorandum of understanding (MOU) 

with Heliogen, Inc., a California-based renewable energy technology company that uses 

concentrating solar thermal systems to convert sunlight into steam, heat, power, and green 

hydrogen fuel. Under the terms of the MOU, Heliogen will serve as the technology provider, 

project developer, builder, operator, and equity partner for a green hydrogen generation facility 

that will support the city’s vision to become a model for hydrogen production in the U.S.

This relationship is expected to accelerate the novel use of concentrating solar thermal energy for 

a commercial hydrogen generation facility and builds upon the existing relationship between the 

City of Lancaster and Heliogen, which sited its demonstration test facility in the city in 2019.

November 3, 2022

Silverstreet, South Carolina

Ecoplexus establishing new solar farms in Newberry County

Ecoplexus, a leading global solar energy company, announced plans to establish a new solar 

farm operation in Newberry County. The company is investing $89 million into the project.

“Newberry County aims to be a part of the green energy economy, and this is a big step in that 

direction. We welcome the investments of Ecoplexus and look forward to many years of clean 

energy production right here at home,” said Newberry County Council Chairperson Todd 

Johnson

Ecoplexus is an international renewable energy company that develops, owns and operates 

utility-scale solar projects for commercial, government and utility markets. The company’s 

services also include the design, engineering, construction and financing of renewable energy 

systems. With a focus on sustainability, the company is committed to a future of clean power by 

using renewable business practices to lower carbon footprints.

November 3, 2022

Buffalo, New York

Viridi Parente expands facility in East Buffalo, offering 500 new jobs
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Viridi Parente is doubling its facility on East Delavan, creating 500 new jobs and finding them 

through Greenforce, a nonprofit that coordinates with community leaders to train new 

employees.

"Let's bring our jobs to our people, let's not build factories in the middle of nowhere, the majority 

of the workforce here will walk to work," said Jon Williams, CEO of Viridi Parente.

The new expansion will add 139,000 square feet of facilities. The manufacturer already sits on a 

42-acre campus.

November 3, 2022

Newton, Iowa

Newton gets a second wind with return of TPI Composites in 2024

TPI Composites, Inc. announced today in a press release that it signed a 10-year lease extension 

with General Electric Renewable Energy to produce wind blades out of its Newton-based 

manufacturing facility in Iowa, which had closed down at the end of last year. Production is 

expected to start again in 2024.

“We are pleased to announce our unique partnering approach with GE to secure the long-term 

availability of our Newton, Iowa facility for GE’s future blade production needs,” TPI President 

and CEO Bill Siwek said in the release, noting the agreement is possible in part due to the 

Inflation Reduction Act of 2022.

When TPI announced in September 2021 it was suspending manufacturing operations in 

Newton, the company said part of the reason was due to the uncertainty of when wind-related tax 

credits would go into effect, as well as uncertainties with the regulatory environment, costs and 

supply chains.

November 2, 2022

Mauldin, South Carolina

EPC Power brings 150 jobs to Greenville County

EPC Power plans to build a facility in Greenville County, according to a press release from 

South Carolina Governor's office.

EPC plans to make a $5 million investment for their new facility that will create 150 new jobs in 

Greenville County, company officials say.

Operations on this facility will start this month and will be built at 360 Old Laurens Road, in 

Mauldin.

November 2, 2023
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

De Soto, Kansas 

Panasonic breaks ground on $4 billion EV battery plant in Kansas

Panasonic has broken ground on the $4 billion facility — an important step as the US aims to 

increase the number of electric vehicle batteries that are assembled domestically... The facility 

will primarily supply batteries to Tesla, which is the number one seller of EVs in the world and 

is gearing up to begin production of its Cybertruck at the end of 2023. The factory will focus on 

rapidly ramping up the manufacture of Tesla’s 2170 cylindrical lithium-ion batteries, which 

power the company’s Model 3 and Model Y vehicles... The De Soto facility is expected to create 

up to 4,000 jobs. Panasonic said that recruitment for the first positions is expected to begin in 

mid-2023.

November 2, 2023

Pryor, Oklahoma

Canoo Announces EV Battery Module Manufacturing Facility in Oklahoma

Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company has announced an 

EV Battery Module Manufacturing Facility at MidAmerica Industrial Park in Pryor, OK. The 

new facility will expand Canoo's manufacturing and employment footprint in the region. Once 

ramped, the facility will be capable of approximately 3200 MWhs of battery module 

manufacturing capacity.

"We are accelerating our hiring plans in Pryor with the establishment of our EV Battery Module 

Manufacturing Facility, which will produce our proprietary battery modules, energy management 

system and thermal control technology for our MPP platform" said Tony Aquila, Chairman and 

CEO at Canoo. "This is the first building block for Canoo's production ramp strategy, with more 

news coming very soon. The location has been strategically selected due to its proximity to our 

battery cell partner Panasonic and our future MegaMicro factory. In addition, we will be the first 

EV company to produce our battery modules with Hydro-Power from the Grand River Dam 

Authority. We will work closely with and hire within the surrounding communities to create an 

EV Ecosystem in the region."

November 2, 2023

Columbus, Mississippi

Steel Dynamics Announces Location of Planned Biocarbon Production Operations

Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced the selection of Columbus, 

Mississippi, as the location for the initial SDI Biocarbon Solutions biocarbon production 

operations, a joint venture between the company and Aymium. The site is strategically located in 

close proximity to one of the company's largest electric-arc-furnace steel mills, which will 

consume a significant portion of the biocarbon as a replacement for anthracite, and is also central 

to plentiful fiber raw material sources. Final site determination is subject to the anticipated 

receipt of necessary permits and continued state and local government support. 

"We are incredibly excited to announce our selection of Columbus, Mississippi as the site for our 

first biocarbon production facility. We believe this strategic joint venture with Aymium will 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

significantly reduce our steelmaking greenhouse gas emissions, which are already materially 

lower than our global competitors, in a cost-effective manner," stated Mark D. Millett, 

Chairman, President, and Chief Executive Officer. "We are eager to begin construction on this 

meaningful greenhouse gas reduction project, and we appreciate the warm welcome and support 

that we have received from Governor Tate Reeves and the State of Mississippi, as well as leaders 

from the Mississippi Development Authority and local leaders from the Lowndes County Board 

of Supervisors, the Lowndes County Industry Development Authority, the Lowndes County Port 

Authority, the Golden Triangle Regional Airport Authority and the Golden Triangle 

Development LINK. We anticipate the project will create 40 high-paying positions.

October 28, 2022

Eureka, California

Californian Port Partners with Crowley to Develop Floating Offshore Wind Terminal

The company, through its business unit dedicated to wind energy, Crowley Wind Services, will 

enter into negotiations with the port to lease and serve as the port’s developer of the Humboldt 

Bay Offshore Wind Heavy Lift Marine Terminal. Services at the terminal will support the 

manufacturing, installation and operation of floating offshore wind platforms, use of large heavy 

cargo vessels and providing crewing and marshalling services in the Pacific waters. 

October 27, 2022

Montgomery, Alabama

Governor Ivey Announces Hyundai Mobis Plans EV Battery Module Plant in 

Montgomery, Creating 400 Jobs

Governor Kay Ivey on Thursday joined executives of Hyundai Mobis, one of the world’s largest 

auto suppliers, to announce the company’s plans to invest $205 million to open an EV battery 

module plant in Montgomery that will eventually employ at least 400 people.

Seoul, South Korean-based Hyundai Mobis is a longtime supply partner for Hyundai Motor Co. 

and its Kia and Genesis affiliates. Besides providing major component systems for the 

automakers, the company also offers after-service parts.

October 26, 2022

Charleston, South Carolina

Bosch Set To Invest $260 Million, Create 350 Jobs In South Carolina

This week, Bosch announced officially began producing of electric vehicle motors at its 

Charleston, SC facility. The company plans to invest $260 million more to further expand 

production of EV components at the site, and expects to create at least 350 high-paying 

manufacturing jobs in the region by 2025.

The company says the expansion will allow them to support the additional e-mobility business 

they’ve recently acquired, but admit that the plant will require further expansion to meet future 

demand. As such, there are plans to add an additional 75,000 square feet over the next few years.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

October 25, 2022

San Antonio, Texas

San Antonio's Mission Solar charges up expansion, hiring more employees

After 10 years of operating in San Antonio, Mission Solar says that it is planning to ramp up 

production of solar panels at its huge facility by possibly expanding space and its employee head 

count. Mission Solar says its expansion plans will allow the facility to increase the production of 

solar panels to 1 gigawatt, a jump from the current 300 megawatts, according to a news release. 

Mission Solar is a U.S. subsidiary of the Seoul, South Korea-based OCI Company, which will 

provide polysilicon for Mission's solar panels. The facility currently sits on 86 acres of land at 

the former Brooks Air Force Base.

October 25, 2022

Saint Clair, Michigan

MAGNA TO INVEST $426 MILLION AND CREATE 920 JOBS IN ST. CLAIR, 

MICHIGAN

Magna Electric Vehicle Structures (MEVS) is making a major EV battery production investment 

of $426 million in a second state-of-the art manufacturing facility in St. Clair County, Michigan. 

The facility constructed in the St. Clair Industrial Park in 2021 will be expanded by 740,000 

square feet to provide greater e-coating capability, and production and warehousing capacity. 

The expansion will result in 920 new jobs being created over three years.

Magna is more than one of the world’s largest suppliers in the automotive space. We are a 

mobility technology company with a global, entrepreneurial-minded team of 161,725 employees 

and an organizational structure designed to innovate like a startup. With 65 years of expertise, 

and a systems approach to design, engineering and manufacturing that touches nearly every 

aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. 

Our global network includes 341 manufacturing operations and 89 product development, 

engineering and sales centers spanning 28 countries.

October 19, 2022

Woodruff, South Carolina

BMW invests $1.7 bln to build electric vehicles in U.S.

BMW AG (BMWG.DE) said on Wednesday it will invest $1.7 billion to build electric vehicles 

in the United States, the latest announcement from a major automaker about plans to ramp up 

U.S. EV production. The German company said it was making a new $1 billion investment in its 

Spartanburg, South Carolina plant to prepare for EV production and will spend $700 million on a 

new high-voltage battery assembly facility in nearby Woodruff, South Carolina, and create at 

least 300 jobs.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

October 12, 2022

South Boston, Virginia

Hitachi Energy will expand its Virginia power transformer factory to meet soaring US 

demand

Global sustainable energy giant Hitachi Energy today announced that it will spend more than $37 

million to expand and upgrade its power transformer factory in South Boston, Virginia. This is 

in response to soaring demand for power transformers from utility companies that are scrambling 

to accommodate the renewable energy boom after the Biden administration passed the Inflation 

Reduction Act in August.

The company says it will also invest in automated equipment and changes in factory processes to 

reduce factory cycle times and improve operational performance. Hitachi notes that the process 

changes are “particularly critical in the face of current supply chain challenges brought on by the 

pandemic and other factors.”

October 12, 2022

Preston, Connecticut

FirstLight to Retire Kerosene-Fired Turbine, Plans Hydro-Powered Battery Replacement 

in Preston

FirstLight Power said it will retire the last fossil fuel-powered plant in its fleet next year – a more 

than 50-year-old, 17-megawatt, kerosene-fired turbine – and plans to replace it with a battery 

storage system with the same capacity. Standing in front of the turbine, tucked behind a farm 

along the confluence of the Quinebaug and Shetucket rivers, FirstLight CEO Alicia Barton said 

the visibly aging plant is a symbol of Connecticut’s energy past – and that the company is 

looking to the future with plans for a 17 MW battery that it would develop with New Leaf 

Energy

October 11, 2022

Anna, Ohio

Governor DeWine Announces Honda to Invest in Ohio for Electric Vehicle Production, 

Including New Battery Plant with LG Energy Solution

Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and JobsOhio leaders announced today 

that Ohio will continue its historic dominance in the automotive manufacturing industry as 

Honda selected Ohio to lead its electric vehicle (EV) production and, with LG Energy Solution, a 

joint venture battery plant... their combined investments of at least $4.2 billion will create a 

combined 2,527 new jobs in Ohio between the establishment of a new EV battery plant in 

Fayette County and the retooling of existing Honda plants in Union, Logan, and Shelby counties 

for electric vehicle production.
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

A total of $700 million will be invested by Honda to retool its Marysville Auto Plant in Union 

County, Anna Engine Plant in Shelby County, and East Liberty Auto Plant in Logan County, 

creating 327 new jobs on top of its current workforce. Once transformed for EV production, the 

power source for the vehicles made at the Marysville, Anna, and East Liberty factories will come 

from the new battery plant in Fayette County.

October 11, 2022

Jeffersonville, Ohio

Governor DeWine Announces Honda to Invest in Ohio for Electric Vehicle Production, 

Including New Battery Plant with LG Energy Solution

Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and JobsOhio leaders announced today 

that Ohio will continue its historic dominance in the automotive manufacturing industry as 

Honda selected Ohio to lead its electric vehicle (EV) production and, with LG Energy Solution, a 

joint venture battery plant... their combined investments of at least $4.2 billion will create a 

combined 2,527 new jobs in Ohio between the establishment of a new EV battery plant in 

Fayette County and the retooling of existing Honda plants in Union, Logan, and Shelby counties 

for electric vehicle production.

Of the total investment announced today, Honda and LG Energy Solution will invest $3.5 billion

in the new Fayette County battery plant, which will create at least 2,200 new jobs.

October 11, 2022

Fridley, Minnesota

Cummins picks Fridley for 1st US electrolyzer production plant

Monday, Cummins said it will dedicate 89,000 square feet of its existing facility in Fridley to 

electrolyzer production. Electrolyzers separate water into oxygen and hydrogen. When done 

using renewable electricity, it makes “green” or carbon-free hydrogen that can be stored as a 

compressed gas or liquid and used as a clean power source for a variety of sectors, Cummins 

says.

“Expanding Cummins’ electrolyzer manufacturing footprint to the United States is a milestone 

not only for our company but an important step in advancing global decarbonization efforts,” 

Alexey Ustinov, the vice president of electrolyzers at Cummins, said. “This is a reflection of 

increasing government support through the Inflation Reduction Act, Hydrogen Hubs and a 

blossoming hydrogen economy in the states. Cummins’ ability to leverage our manufacturing, 

engineering and sourcing knowledge to build capacity will help us meet increased customer 

demand and continue to accelerate the clean energy transition.”

October 11, 2022

East Liberty, Ohio

Governor DeWine Announces Honda to Invest in Ohio for Electric Vehicle Production, 

Including New Battery Plant with LG Energy Solution
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and JobsOhio leaders announced today 

that Ohio will continue its historic dominance in the automotive manufacturing industry as 

Honda selected Ohio to lead its electric vehicle (EV) production and, with LG Energy Solution, a 

joint venture battery plant... their combined investments of at least $4.2 billion will create a 

combined 2,527 new jobs in Ohio between the establishment of a new EV battery plant in 

Fayette County and the retooling of existing Honda plants in Union, Logan, and Shelby counties 

for electric vehicle production.

A total of $700 million will be invested by Honda to retool its Marysville Auto Plant in Union 

County, Anna Engine Plant in Shelby County, and East Liberty Auto Plant in Logan County, 

creating 327 new jobs on top of its current workforce. Once transformed for EV production, the 

power source for the vehicles made at the Marysville, Anna, and East Liberty factories will come 

from the new battery plant in Fayette County.

October 11, 2022

Marysville, Ohio

Governor DeWine Announces Honda to Invest in Ohio for Electric Vehicle Production, 

Including New Battery Plant with LG Energy Solution

Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and JobsOhio leaders announced today 

that Ohio will continue its historic dominance in the automotive manufacturing industry as 

Honda selected Ohio to lead its electric vehicle (EV) production and, with LG Energy Solution, a 

joint venture battery plant... their combined investments of at least $4.2 billion will create a 

combined 2,527 new jobs in Ohio between the establishment of a new EV battery plant in 

Fayette County and the retooling of existing Honda plants in Union, Logan, and Shelby counties 

for electric vehicle production.

A total of $700 million will be invested by Honda to retool its Marysville Auto Plant in Union 

County, Anna Engine Plant in Shelby County, and East Liberty Auto Plant in Logan County, 

creating 327 new jobs on top of its current workforce. Once transformed for EV production, the 

power source for the vehicles made at the Marysville, Anna, and East Liberty factories will come 

from the new battery plant in Fayette County.

October 10, 2022

Massena, New York

Air Products to invest about $500M to build green hydrogen production facility in New 

York

Air Products announced plans to invest approximately $500 million to build, own and operate a 

35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, 

New York, as well as liquid hydrogen distribution and dispensing operations.

In support of this Air Products’ project, in July 2022, the New York Power Authority (NYPA) 

board approved 94 MW of low-cost St. Lawrence hydroelectric power to Air Products for its 

significant investment and the creation of 90 jobs in New York State. This project supports New 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

York State's goal of becoming a Regional Clean Energy Hydrogen Hub, as announced by 

Governor Kathy Hochul in March 2022. New York's hydrogen hub ambitions directly support 

the goals of the State's Climate Leadership and Community Protection Act.

October 6, 2022

Big Rapids, Michigan

Gotion facility in Big Rapids will lead the way in electric vehicle manufacturing

With the recent announcement that the Michigan Strategic Fund board unanimously approved a 

state incentive package to support Gotion Inc. in the installation of a major electric battery 

component manufacturing facility in Michigan, local officials are anticipating moving forward 

with bringing the facility to Big Rapids. 

Gov. Gretchen Whitmer said in a news release that Gotion’s $2.36 billion investment, which is 

expected to create up to 2,300 “good-paying” jobs, is the “biggest ever economic development 

project in Northern Michigan and will shore up the states’ status as a global hub of mobility and 

electrification.”

October 6, 2022

Salem, Massachusetts

Salem Harbor Wind Terminal Powers Ahead

Crowley has completed the purchase of 42 acres in Salem, Massachusetts, which will serve as 

the future home of the Salem Harbor Wind Terminal, the second major offshore wind port 

terminal in the state. The terminal site project will result in the redevelopment of the former 

Salem Harbor Station, a decommissioned coal-fired energy plant creating more than 800 jobs 

(FTE job years) in the support of the construction and staging of offshore wind projects and daily 

operations. The Salem Harbor Wind Terminal is a public-private partnership signed between 

Crowley and the city of Salem, with AVANGRID serving as the port’s anchor tenant through its 

Commonwealth Wind and Park City Wind projects.

October 5, 2022

Van Buren Township, Michigan

ONE Announces $1.6 Billion Investment in 20 GWh Michigan Cell Factory Beginning LFP 

Production in 2024

Our Next Energy (ONE), a Michigan-based energy storage technology company, today 

announced a $1.6 billion investment in a new battery cell manufacturing plant, called ONE 

Circle, in Van Buren Township, Michigan. The recently constructed facility is expected to create

2,112 new jobs when operating at its full annual capacity of 20 GWh by the end of 2027, 

equivalent to 200,000 electric vehicle battery packs annually.

ONE will offer an average annual salary of $67,456 (38% above the ALICE wage threshold), as 

well as industry-leading benefits and a comprehensive training program. Over the course of 20 
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years, ONE Circle is expected to generate $967 million in state taxes and more than $13 billion 

in new personal income.

October 4, 2022

Osceola, Arkansas

Entergy Arkansas announces 250-MW solar facility near Osceola

The Arkansas Public Service Commission has approved the Entergy Arkansas Driver Solar 

Project, a new 250-megawatt AC (or 312 MW DC) renewable energy plant developed by 

Lightsource bp, which will be located on approximately 2,100 acres near Osceola in Mississippi 

County. Driver Solar will be the utility’s largest solar facility, capable of generating enough 

energy to power more than 40,000 homes..... Driver Solar is expected to provide between 350 

and 400 jobs during the construction phase, utilizing the local workforce and subcontractors.

October 3, 2022

Ellicott, New York

Governor Hochul Announces Electrovaya to Establish Lithium-Ion Gigafactory in 

Chautauqua County

Governor Kathy Hochul today announced Electrovaya, Inc., a producer of lithium-ion batteries 

for transportation and utility storage, has selected the Town of Ellicott in Chautauqua County as 

the location for its first U.S. plant. The publicly traded company will create its newest production 

facility, generating up to 250 jobs and, when fully operational, producing over a GWh of 

batteries annually. The investment supports the broader New Energy New York initiative, whose 

goal is to create a National Hub for Battery Innovation and Manufacturing..... The initial cost for 

the facility has been placed at approximately $75 million, and it is expected to open in the fall of 

2023. 

Electrovaya Inc. with industry-leading performance and substantial intellectual property, is a 

leader in the global energy transformation, focused on contributing to the prevention of climate 

change through supplying safe and long lasting lithium ion batteries. Electrovaya designs, 

develops and manufactures proprietary lithium-ion batteries, battery systems and battery-related 

products for energy storage, clean electric transportation and other specialized applications.

September 28, 2022

Eloy, Arizona

New Lithium-Ion Battery Recycling Facility to Produce Critical Materials for North 

American Battery Supply Chain

Heritage Battery Recycling, an affiliate of Cirba Solutions, the largest and most comprehensive 

cross-chemistry battery management and materials processor in the industry, today announced 

plans to construct a lithium-ion battery recycling facility in Eloy, Arizona. Battery recycling is 
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helping close the critical materials supply gap needed to support the increased electric vehicle 

(EV) and lithium-ion battery manufacturing in the US, while also increasing access to recycled 

content for batteries.

Cirba Solutions is the only complete service provider in the battery management industry with an 

operational, differentiated platform and a full suite of capabilities to address lithium-ion and 

cross-chemistry battery demand and enable a circular battery supply chain for the industry. It is 

the leader in end-to-end battery recycling management solutions, offering battery-centric 

logistics, collection program solutions, second-life applications, with technological processes 

that emphasize sustainability principles.

September 27, 2022

Cumberland City, Tennessee

Cumberland City to have the next Daejin Advanced Materials USA Inc. operation

A Mastered In Tennessee release announced a $10.2 million investment from Daejin Advanced 

Materials USA Inc. will go to establish operations in Cumberland City. The announcement came 

from Tennessee's Governor, Bill Lee, Department of Economic and Community Development 

Commissioner, Stuart McWhorter, and Daejin officials... The facility will be located in the 

Stewart-Houston County Industrial Park and will create 83 new jobs over a 5-year period.

The company was founded in 2019 and specializes in the research and development and 

manufacturing of polymers for the electric vehicle battery industry. It is also a Korean-based 

Daejin Advanced Materials subsidiary, which employs approximately 1,000 people across Asia, 

Europe, and the U.S.

September 27, 2022

Toledo, Ohio

GM to invest millions for electric vehicle manufacturing in Toledo

The GM Executive Vice President, Gerald Johnson, announced that GM will invest $760 million

to the GM Toledo Propulsion Systems Facility to begin the transition to EV manufacturing. “Part 

of that transition is to parallel work of EV propulsion and internal combustion propulsion and 

what we’re going to do in Toledo is just that,” said Johnson. While the Toledo plant will 

continue to work on internal combustion propulsion, this investment will allow the plant to 

introduce EV propulsion, specifically EV drive units. According to UAW Local 14 President 

Ray Curry, this is the very first investment in an existing propulsion facility to transform it into 

EV production.

September 23, 2022

Marlborough, Massachusetts

Northborough firm to open Marlborough research facility for electric vehicle technology
DEPARTMENT OF THE TREASURY

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Aspen Aerogels will use the nearly 59,000 square feet of space to work on its advanced thermal 

barrier center and provide engineering support for e-mobility and battery energy storage system 

customers, according to a press release from McCord. The center will support the company’s 

expansion into the electric vehicle market as well as hosting a customer engagement center and 

its technical support team.... Aspen Aerogels anticipates 75 people will work at the Marlborough 

facility.

September 21, 2022

Houston, Texas

SEG Solar to build PV module manufacturing plant in Texas

SEG Solar has announced that it plans to establish a PV module manufacturing plant in Houston, 

Texas, with an anticipated annual capacity of more than 2 gigawatts (GW)... The company said 

that construction of the facility will commence at the end of 2022, and that it expects it to be 

fully operational by mid-2023. The plant will be equipped with three state-of-the-art production 

lines capable of producing high efficiency N-type Topcon solar modules with 182mm or 210mm 

solar cells... It is expected that the plant will create as many as 500 new jobs in the local Houston 

area.

Founded in 2016, SEG is based in Texas and has supplied modules for over 1.2 GW of PV 

projects in the US market. The company provides high-performance and reliable PV modules for 

the utility, commercial and residential markets.

September 15, 2022

Marion, Indiana 

State, GM announce $491 million expansion of Marion GM operations for electric vehicle 

production | The Republic News

Gov. Eric J. Holcomb joined local officials and executives of General Motors Co. (NYSE: GM) 

Thursday in Grant County as the company announced plans to invest $491 million to expand and 

upgrade its operations in Marion, supporting GM’s electric vehicle (EV) production.

Established in 1956, Marion Metal Center, which employs more than 750 associates, will now 

play a critical role in accelerating GM’s transition to an all-electric future. These investments are 

part of the company’s plans to invest $35 billion in EV and AV through 2025, accelerating its 

EV production, advancing battery and fuel cell technology through its Ultium battery platform 

and HYDROTEC fuel cells, and investing in EV charging infrastructure.

September 14, 2022

Columbia, South Carolina

A new factory in South Carolina will make up to 10,000 EV chargers a year

Global EV charging infrastructure company ABB E-mobility today announced that it will spend 

$4 million to open an EV charger factory in Columbia, South Carolina. The new South Carolina 
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facility will be capable of producing up to 10,000 EV chargers per year. The chargers, which will 

range from 20 kW to 180 kW in power, are intended for public use, school buses, and fleets. 

ABB’s US headquarters is in Cary, North Carolina. Its South Carolina-manufactured EV 

chargers will meet the Federal Highway Administration’s proposed Buy America Act framework 

as well as the National Electric Vehicle Infrastructure program’s requirements.

September 13, 2022

Ravenswood, West Virginia

Gov. Justice: BHE Renewables and WV announce $500m investment to build global 

aerospace manufacturing hub powered by renewable energy microgrid

Gov. Jim Justice announced today that BHE Renewables, a Berkshire Hathaway Energy 

business, has entered into an agreement with the State of West Virginia to purchase more than 

2,000 acres of land in Ravenswood, West Virginia, to be developed as a first-of-its-kind 

renewable energy microgrid-powered industrial site. Precision Castparts Corp. (“PCC”), a 

Berkshire Hathaway Inc. business, will be the first company to locate on the site and will 

develop a state-of-the-art titanium melt facility that will use 100% renewable energy to 

manufacture titanium products for the aerospace and other industries. The West Virginia 

Economic Development Authority will work with BHE Renewables to bring additional 

businesses to the site to take advantage of the prime manufacturing location and renewable 

energy infrastructure.

September 13, 2022

McClellan Park, California

SPI Energy Accelerates Growth of Solar Module Manufacturing Capacity to Meet Strong 

Demand

SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company 

and provider of solar storage and electric vehicle (EV) solutions for business, residential, 

government, logistics and utility customers, signed a new lease for additional property and 

facilities at McClellan Park, CA located adjacent to the Company's Solar4America (S4A) 

subsidiary's current solar module manufacturing facility. The expansion will enable S4A to meet 

the strong demand for its American-made solar modules.

SPI Energy Co., Ltd. is a global renewable energy company and provider of solar storage and 

electric vehicle (EV) solutions that was founded in 2006 in Roseville, California and is 

headquartered in McClellan Park, California. The company has three core divisions: SolarJuice 

which has solar wholesale distribution, as well as residential solar and roofing installation and 

solar module manufacturing, SPI Solar and Orange Power which operates a commercial & utility 

solar division, and the EdisonFuture/Phoenix Motor EV division.

September 9, 2022
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

Siler City, North Carolina

Governor Cooper Announces Wolfspeed Selects North Carolina for 445 Acre 

Manufacturing Campus

Wolfspeed, Inc., a leading manufacturer of Silicon Carbide semiconductors, will create more 

than 1,800 new jobs in Chatham County by 2030, Governor Roy Cooper announced today. The 

company will construct a manufacturing campus for the production of Silicon Carbide materials 

with an investment of approximately $5 billion over the next eight years in the Town of Siler

City.

Founded and headquartered in Durham, North Carolina, Wolfspeed is the global leader in the 

production of Silicon Carbide materials and devices which support sustainability through a more 

efficient use of energy than traditional semiconductor technology. This technology is used in a 

variety of applications including electric vehicles, 5G networks, and renewable energy and 

storage. The company’s expansion at the Chatham-Siler City Advanced Manufacturing Site will 

produce the Silicon Carbide materials to make semiconductor chips and devices that more 

efficiently power electric vehicle inverters and charging systems.

September 7, 2022

Saginaw, Michigan

Hemlock Semiconductor Expands Thomas Township, Michigan, Operations

Hemlock Semiconductor Operations will modernize and expand operations in Thomas 

Township, Michigan. The $375 million project is expected to create 170 jobs... “We built our 

global reputation on the ability to stay at the forefront of high-tech polysilicon production for the 

critical semiconductor and solar industries,” said Hemlock Semiconductor Operations Chairman 

and CEO AB Ghosh. “This investment in local infrastructure supports HSC’s ability to improve 

and expand our operations and helps us remain globally competitive. Today’s announcement 

proves Michigan is serious about prioritizing the growth of high-tech businesses. We thank 

Governor Whitmer and the Michigan Economic Development Corporation for ensuring the U.S. 

leads in crucial, silicon-enabled technologies.”

Hemlock Semiconductor is the largest and only producer of hyper-pure polysilicon 

headquartered in the United States. Founded in 1961, the company is owned by Corning Inc. and 

Shin-Etsu Handotai.

September 7, 2022

Elizabethtown, Kentucky

Nanomaterials Manufacturer to Invest $50 Million in Facility to Supply EV Market

A developer of carbon battery nanomaterials plans to spend nearly $50 million to establish a new 

facility in Central Kentucky, state and company officials announced. Advanced Nano Products 

will construct a 50,000-square-foot building on nearly 23 acres in Elizabethtown beginning next 

February. The project is expected to create 93 jobs.... ANP’s carbon nanomaterials serve as 

conductors for the cathode and anode in mass-produced electric vehicle (EV) batteries. State 

officials said the Elizabethtown facility would supply numerous battery manufacturers in the 

region, particularly the forthcoming BlueOvalSK Battery Park campus in Kentucky announced 

last year.
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WASHINGTON, D.C.

ANP, based in South Korea, established its EV segment in 2016 and has partnered with battery 

makers Samsung SDI, LG, and SK Innovation. The company also makes materials for solar 

energy applications and television displays. Kentucky officials said the electric vehicle-related 

economic development projects announced in the state in the past two-plus years alone would 

amount to more than $8.5 billion in capital spending and over 8,000 jobs.

September 2, 2022

Ulster County, New York

Zinc8 to manufacture its first zinc-air batteries in the U.S.

Zinc8 Energy Solutions Inc. announced that the company’s inaugural commercial production 

facility will be based in Ulster County in New York. Based upon comprehensive analysis done 

by the company, the recently announced Inflation Reduction Act (IRA) manufacturing 

production credits provide distinct and direct benefits to Zinc8, influencing its production plans 

in the United States.... Zinc8 signed a letter of intent to move into iPark87, which is the former 

TechCity campus now being redeveloped as an EPA cleanup site. Senator Schumer said that 

with Zinc8 as an anchor tenant of iPark87, the Hudson Valley could see up to 500 new, good 

paying clean energy jobs.

August 31, 2022

Liberty, North Carolina

Toyota Announces $2.5B Expansion of North Carolina Plant with 350 Additional Jobs and 

BEV Battery Capacity

Toyota announced an additional investment of $2.5 billion in its newest North American facility, 

Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to 

support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total 

employment to approximately 2,100. Scheduled to begin production in 2025, the facility will 

produce batteries for hybrid electric vehicles (HEV) and BEVs. 

Last year, Toyota Motor Corporation announced a global investment of approximately $70 

billion (8 trillion JPY*) for electrification efforts. Today, as part of this aspirational goal, TMC 

announced a future battery production commitment of up to $5.6 billion (730 billion JPY), which 

includes the new North Carolina investment. 

August 30, 2022

Northern West Virginia

Electric battery maker to locate factory in northern WVa

The energy startup SPARKZ said Tuesday it will locate an electric battery factory in northern 

West Virginia...The batteries will be built at a 482,000-square-foot (4.5-hectare) plant in Taylor 

County off U.S. Route 50 near Bridgeport, the company said in a statement. The plant, which 
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WASHINGTON, D.C.

eventually will employ 350 workers, originally was a glass factory that ceased operations in 

2009....The plant will produce cobalt-free batteries, an effort to bring down the cost of U.S. 

lithium-ion battery production. The Democratic Republic of Congo has historically been the top 

producer of cobalt worldwide, with most mines controlled by Chinese companies.

August 30, 2022

Perrysburg, Ohio and Lake Township, Ohio

First Solar to Invest Up to $1.2 Billion in Scaling Production of American-Made Solar by 

4.4 GW

First Solar, Inc. (Nasdaq: FSLR) today announced that it plans to invest up to $1.2 billion in scaling 

production of American-made, responsibly-produced photovoltaic (PV) solar modules, directly 

supporting the country’s transition to a decarbonized future and enabling the fight against climate 

change. The investment is forecast to expand the company’s ability to produce American-made 

solar modules for the US solar market to over 10 gigawatts (GW)DC by 2025.

As part of its push to scale US production of solar modules, the company intends to build its fourth, 

fully vertically integrated domestic factory, with an annual capacity of 3.5 GWDC, in the US 

Southeast. First Solar, the only US-headquartered company among the world’s ten largest solar 

manufacturers, expects to invest up to $1 billion in the new factory, which, contingent upon 

permitting and pending approval of various federal, state, regional, and local incentives, is 

expected to commence operations in 2025.

August 29, 2022

Shelbyville, Tennessee

Vehicle Battery Materials Maker Announces $95 Million Tennessee Plant

A manufacturer of electrolyte material for electric vehicle batteries plans to establish its first U.S. 

production facility in central Tennessee, state and company officials announced.

Duksan Electera America, a division established by South Korean materials company Duksan 

Group last year, will invest $95 million to build a new facility in Shelbyville, Tennessee. 

Company officials said the site would be close to its automotive sector customers in the 

southeastern U.S. Duksan is slated to provide some 60,000 tons of electrolyte to the region’s 

vehicle battery manufacturers.

The project is expected to create 101 jobs over the next five years.

August 25, 2022

Methuen, Massachusstts

Factorial Energy to Open New Solid-State EV Battery Development and Manufacturing 

Facility

(BUSINESS WIRE)--Factorial Energy (Factorial), an industry leader in the development of 

solid-state battery technology for electric vehicle (EV) applications, today announced it will 

establish a new advanced manufacturing facility in the Boston suburb of Methuen, Mass. The 
DEPARTMENT OF THE TREASURY

WASHINGTON, D.C.

new facility will produce Factorial’s innovative new solid-state battery cell technology for EVs. 

A groundbreaking ceremony will be held at the site in Methuen at 3:00 pm EDT today.

The new production site at 501 Griffin Brook Drive in Methuen was recently secured by 

Factorial with the support of the Massachusetts Office of Business Development and the City of 

Methuen’s Economic and Community Development Department. The existing 67,000 squarefoot building on the site will undergo extensive buildout to house Factorial’s pilot production 

facility, which will manufacture automotive-sized solid-state batteries at pre-production speed 

and volume. Factorial will invest $45 million in the facility, which is expected to begin 

operations in early 2023 and will bring 166 new jobs to the Methuen community.