Microvast wins $200M federal grant, plans $504M electric vehicle battery plant
Stafford-based Microvast Holdings Inc. (Nasdaq: MVST) has received a $200 million federal grant that will cover 40% of the cost of opening a manufacturing plant to make one layer of a lithium-ion battery. Here’s a look at the possible plans for the plant.
Mountain Valley Pipeline pulls eminent domain requests for extension, but denies project is over
The Mountain Valley Pipeline’s Southgate Extension, a key source for future natural gas supplies in Duke Energy Corp.’s carbon reduction proposals, has withdrawn all of its pending court cases seeking eminent domain to build the project into North Carolina.
Five things you need to know, and what happens to all the rotten pumpkins?
Good morning. Here are five things you need to know to start the day, and a local company harnessing the power of discarded pumpkins. The latest on ballot Question 1: Accusations of ‘misleading’ ads Supporters of the Fair Share Amendment say a new TV ad exaggerates the number of households that could be affected by […]
Range Resources triples share repurchasing
Reports record quarterly cash flow.
Greensboro one of four sites in running for 433 aviation jobs
A Colorado electric-plane startup said to be considering Greensboro for 400-job production site.
Oil field services giant Schlumberger rebranding to SLB, growing low-carbon energy focus
Schlumberger and nearly all of its affiliated brands will be organized under the new “SLB” brand.
Clarksville shortlisted for $504M electric vehicle battery plant after company wins federal grant
Microvast and General Motors — which is investing billions of dollars on electric vehicles in Greater Nashville — “will combine complementary intellectual properties to create a specialized” version of this important battery component.
EQT’s TugHill deal top’s 3Q’s shale M&A
The total announced M & A deals counted by Enverus was $16 billion.
Greensboro one of four sites in running for 433 aviation jobs
An electric-plane startup is said to be considering Greensboro for a 400-job production site.
NC regulators shoot down request for new evidence in Duke Energy carbon plan case
Facing a tight deadline on the N.C. Carbon Plan, regulators have declined to consider a federal study that challenges Duke Energy’s reluctance to increase renewable energy production to meet state carbon-reduction mandates.