U.S. Treasury Secretary Janet Yellen visited a Bessemer City plant on Thursday to talk about how federal money targeting clean-energy initiatives has boosted manufacturing while helping make America less reliant on foreign countries for energy.
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More clean energy jobs are coming to North Carolina. Forge Battery, part of Colorado-based Forge Nano, will build a production plant in Morrisville and hire more than 200 people while investing $142 million.
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North Carolina is ready to grab more than its fair share of the clean economy, says Christopher Chung, CEO of the Economic Development Partnership of North Carolina (EDPNC). Check out his remarks on the state of North Carolina’s clean energy economy—where it is and where it’s going next.
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A nonpartisan business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022. And one top N.C. official says the jobs pipeline is “really juiced.”
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New reports analyzing clean energy and climate growth in North Carolina, one year after the largest federal investment was signed into law, show the state is booming with private investments and manufacturing development bringing tens of thousands of new jobs. A Department of Energy report also shows incentives and programs are translating to consumer savings across the state.
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Its business combination complete, Durham clean energy firm NET Power is scheduled to begin trading today on the NYSE after the merger with Rice Acquisition Corp through a so-called SPAC merger.
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NET Power, the Durham-based company looking to build a clean energy plant, says its merger with Rice Acquisition Corp. is likely to happen as soon as Thursday and will raise “at least $670 mllion” as part of the deal.
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The NC Clean Energy Technology Center (NCCETC) at NC State University is a key partner on “Clean Carolinas,” a $1 million, 2-year grant project funded under the new National Science Foundation Regional Innovation Engines program. Several other universities also are part of the program.
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In what could prove a milestone for an industry that hopes to help address climate change, the Silicon Valley company Ohmium announced Wednesday it has raised $250 million to increase production of machines that can make clean hydrogen and displace fossil fuels.
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