NeoVolta has completed phase one of its loan application for $250 million from the U.S. Department of Energy (DOE) Title 17 Loan Program and has been approved to proceed with phase two technical due diligence.
To meet domestic content requirements for commercial grade Battery Electric Storage Systems (BESS) and other components, the company will establish a manufacturing facility that can accommodate 150 employees.
Additionally, NeoVolta will establish regional deployment and support centers to meet growing demand nationwide. The company will vertically integrate the manufacturing supply chain, primarily producing its battery cell technology, both cylindrical and prismatic. A percent of that production will be utilized for third party sales, with the aim of enabling more manufacturers to participate with domestic content. The company will also expand into inverter production and assembly.
“Strengthening U.S. manufacturing and increasing vital domestic content is a bi-partisan issue that transcends national elections, and we are proud to be part of this national effort,” says Ardes Johnson, CEO of NeoVolta.
“Given the renewed focus on U.S. manufacturing and componentry, combined with the need for grid resilience and stability, NeoVolta is preparing to launch and expand U.S. manufacturing, while completing the development of our commercial grade products. We are pleased to hear the president-elect’s multiple pro-solar energy statements throughout the campaign and look forward to providing American-made solar technology storage solutions that will strengthen our grid and efforts to achieve energy independence.”
NeoVolta says it has received offers for the establishment of a headquarters, manufacturing facility and regional offices from state economic development agencies, and is reviewing them.
The post NeoVolta $250M Loan Application Part One Approved by DOE Program appeared first on Solar Industry.
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Ming Yang Firewalls Europe, US Turbine Orders Surge
Allen covers Ming Yang’s firewall from Beijing and Octopus Energy deal, US turbine orders hitting a three-year high, and Norway’s floating wind funding.
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There are so many tragic aspects to life in today’s United States that it’s hard to name them all.
For my money, one of the saddest elements to the American zeitgeist is its glorification of ignorance.
Up until recently, if you wanted to know what science believes about anthropology, climate change, or particle physics, you asked a scientist in the relevant discipline, who not only has a college degree, but normally a ton of education on top of that.
Now, you ask a congressional Republican, preferably, an evangelical Christian.
To the author of the meme here (if it’s an actual human being, vs. a Russian bot): to the best of my knowledge, the only actual major “scientific fraud” in world history was “Piltdown Man.” In 1912, a pseudo-anthropologist attempted to fool the scientific community into believing he had discovered the “missing link” between apes and humans.
Now, are there examples of instances when the science of the day turned out to be incorrect?
Of course, and new instances of this surface every day.
Think of how little when scientists believed 200 years ago is still intact today. Perhaps most obviously, Newtonian mechanics has fallen to relativity and quantum physics, but there are hundreds of other paradigm shifts in health and medicine, psychology, cellular biology, chemistry, and particle physics.
Contrary to what conspiracy theorists want you to believe, science is not a set of facts; it’s a methodology whereby we come to learn more about ourselves and the world around us.
Are there other methods by which we “learn?” Sure. Some uneducated guy goes on YouTube and becomes convinced that our consumption of fossil fuels is not causing the temperature of the Earth’s atmosphere and oceans to rise. I would argue that this conduct is inferior to the scientific method.
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