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June 23, 2023
The Department of Energy plans to lend $9.2 billion to BlueOval SK, a joint venture between American automaker Ford and South Korean battery manufacturer SK On, to help finance the construction of new battery factories in Tennessee and West Virginia. The massive loan, part of an effort by the Biden administration to boost electric vehicle production in the U.S., nearly doubles the $11.4 billion already put into the joint venture by the parent firms. The loan is also the largest investment yet by
February 10, 2023
HIGHLIGHTS Pre-commissioning activities commenced prior to quarter-end with plan to commence operations in late Q1 or early Q2 of calendar year...
January 8, 2023
The president and CEO of the National Urban League shared that the package provides funding for many of the organization's top priorities.
January 5, 2023
The Omnibus Spending package provides critical funding for federal government operations and community projects, including many of the National Urban Leagueโs top priorities.
September 26, 2022
EQS-News: Carver Bank Carver & Operation HOPE Launch Financial Literacy to Loans Program 26.09.2022 / 17:36 CET/CEST The issuer is solely responsible for the content of this announcement. Carver Federal Savings Bank (Carver or the Bank), a certified Minority Depository Institution (MDI...
May 5, 2022
“Ang isang simplified bankruptcy law will be made available sa struggling enterprise para sila ay makabalik at makatayo muli at maka-recover from the impact of the pandemic,” Lopez said.
December 14, 2021
WASHINGTON โ The U.S. Treasury Department announced Tuesday the release of $8.7 billion to help increase lending to small and minority-owned businesses and people living in poorer communities with limited access to banking.
October 30, 2021
October 29, 2021 BALTIMORE, MD โ The Maryland Department of General Services (DGS) today announced that Jack Howard, Assistant Secretary, Office of Business
May 12, 2021
Published: 12 May 2021, 08:36 By: Mitsubishi Powers M501JAC hydrogen-enabled gas turbine. Image: Mitsubishi Power. A massive โgreen hydrogen hubโ adjacent to a coal power plant in Utah could get over half a billion dollars in US government loans to support its development. Targeting the use of renewable energy-generated hydrogen as very long-duration or seasonal energy storage, the Advanced Clean Energy Storage Project would pair more than 1,000MW of hydrogen electrolysers wit...
April 27, 2021
EnergyBiden administration offers $8.25 bln in loans for power grid ReutersTimothy Gardner 1 minute read Overhead power lines are seen during record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees Latif The U.S. Energy Department said on Tuesday it is offering up to $8.25 billion in loans for companies to boost the power grid as part of the Biden administrations goal to set the country on a path to 100% clean energy by 2035. The department is making financing av...