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Energy Vid Week 3 August 2022: Historic Climate Bill Passes Through Congress
1) Senate and House pass landmark Inflation Reduction Act w/$369 billion for clean energy tech to fight climate change.
2) Massachusetts Governor Baker signs major climate bill into law, boosting offshore wind, aiding solar, and permitting some municipal caps on new gas hook-ups.
3) Virginia State Corporation Commission approves Dominion Energy plans for $9.8 bn, 2.6-GW, offshore wind project, 27 miles off Virginia Beach.
4) CA Energy Commission targets 3,000-5,000 MW by 2030 and 25,000 MW of offshore wind by 2045. These will be floating turbines, as state has no continental shelf.
5) Ford and DTE ink new power purchase program under which DTE will develop 650 MW of new solar in Michigan for Ford, boosting total amount of installed solar in MI by about 70%.
6) Ford cites material cost, boosts electric F-150 Lightning costs by $6,000-8,500, depending upon options selected.
7) Contemporary Amperex Technology to build $7.4 billion, 100 GWh battery plant in Hungary to supply automakers including BMW, Mercedes-Benz, Stellantis, and VW Group.
8) EV wireless company WiTricity closes funding round of $63 million, led by Siemens. Funds will help WiTricity accelerate wireless charging products, including development of V2G solution for parked EVs.
#Ford #EVs #sustainability #climate #batteries #CATL#floatingwind #energytransition
Energy Vid Week 3 August 2022: Historic Climate Bill Passes Through Congress
Congress passes historic climate bill; MA Governor signs major climate bill into law; Virginia regulators OK massive $9.8 bn offshore wind project, w/stipulations...
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