$3 Billion $13 Million 600GW 
The amount General Motors and Samsung SDI plan to invest in a new battery cell manufacturing plant.The amount of funding announced by the DOE to support community geothermal energy initiatives.The amount the U.S. is poised to deliver in new solar, wind, and energy storage capacity through the end of the decade.

In a week of big corporate wins, Six Flags announced the largest solar project allocated toward a for-profit organization in the U.S., while Google signed onto the largest corporate sponsorship of distributed solar development in the country. Google’s support of more than 80 distributed solar projects will total 500MW and benefit over 25,000 families in low-to-moderate income communities. Meanwhile, General Motors and Samsung SDI plan to invest more than $3 billion to build a new U.S. battery plant, Prolec GE USA will invest $28.5 million to expand their Louisiana manufacturing facility, and Siemens has officially opened their second U.S. EV charging factory. 

The EV industry continues to grow, with electric car sales surging by 55% last year to surpass 10 million. And a BloombergNEF report revealed that thanks to the Inflation Reduction Act, the U.S. is poised to deliver 600GW of new solar, wind, and energy storage capacity through the end of the decade– a record-breaking surge in development for the U.S. renewables project pipeline.  

The U.S. Department of Energy (DOE) announced $13 million in funding to support community geothermal energy initiatives and a new effort to achieve 100% clean energy in all Colorado federal facilities by 2030. DOE launched the Energy Savings Hub, an online resource for consumers to access information about how they might qualify for clean energy savings. 

This week, states continue to see benefits from the administration’s clean energy plan, specifically in rural towns like Colleton County, South Carolina, where federal funding could bring roughly 575 clean energy jobs that would significantly impact their economy. In Idaho, the state’s largest electricity provider, Idaho Power, is making progress on the construction of a new solar plant that is expected to power around 24,000 homes. In Illinois, Governor JB Pritzker announced millions in funding for state climate and clean energy programs.

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