Gigafactory

Deutsche Finance America and March Capital Management Announce Construction Set to Begin on Large Industrial Park off State Highway 45 in Creedmoor, Texas

Retrieved on: 
Thursday, April 18, 2024

AUSTIN, Texas, April 18, 2024 /PRNewswire/ -- March Capital Management ("MCM") in partnership with Deutsche Finance America ("DFA") today announced the acquisition and capitalization of the initial phase of a large industrial development located off State Highway 45 Southeast in Creedmoor, Texas.

Key Points: 
  • AUSTIN, Texas, April 18, 2024 /PRNewswire/ -- March Capital Management ("MCM") in partnership with Deutsche Finance America ("DFA") today announced the acquisition and capitalization of the initial phase of a large industrial development located off State Highway 45 Southeast in Creedmoor, Texas.
  • The initial phase introduces two buildings, totaling around 400,000 square feet, situated adjacent to Interstate State Highway 45 (SHI-45) and just east of Interstate 35 (I-35).
  • This strategic location services the Austin metro area and is a 20-minute drive to the airport and Tesla Gigafactory Texas.
  • The project underscores the partners' dedication to innovative industrial solutions and their positive impact on local communities.

Saxony-Anhalt Embraces Change as an Opportunity: Billions Invested in Key Transformation Industries

Retrieved on: 
Monday, February 26, 2024

MAGDEBURG, Germany, Feb. 26, 2024 /PRNewswire/ -- The largest investment project not only in Saxony-Anhalt but in all of Europe is Intel's establishment in Magdeburg. Approximately 30 billion euros are set to be invested in the construction of multiple chip factories. The company has initiated collaborations with six universities in Saxony-Anhalt and is actively recruiting its initial workforce. Approval processes commenced in February, paving the way for the production of the world's most advanced chips in the two factories starting from 2027.

Key Points: 
  • MAGDEBURG, Germany, Feb. 26, 2024 /PRNewswire/ -- The largest investment project not only in Saxony-Anhalt but in all of Europe is Intel's establishment in Magdeburg.
  • Approximately 30 billion euros are set to be invested in the construction of multiple chip factories.
  • The company has initiated collaborations with six universities in Saxony-Anhalt and is actively recruiting its initial workforce.
  • Approval processes commenced in February, paving the way for the production of the world's most advanced chips in the two factories starting from 2027.

Saxony-Anhalt Embraces Change as an Opportunity: Billions Invested in Key Transformation Industries

Retrieved on: 
Monday, February 26, 2024

MAGDEBURG, Germany, Feb. 26, 2024 /PRNewswire/ -- The largest investment project not only in Saxony-Anhalt but in all of Europe is Intel's establishment in Magdeburg. Approximately 30 billion euros are set to be invested in the construction of multiple chip factories. The company has initiated collaborations with six universities in Saxony-Anhalt and is actively recruiting its initial workforce. Approval processes commenced in February, paving the way for the production of the world's most advanced chips in the two factories starting from 2027.

Key Points: 
  • MAGDEBURG, Germany, Feb. 26, 2024 /PRNewswire/ -- The largest investment project not only in Saxony-Anhalt but in all of Europe is Intel's establishment in Magdeburg.
  • Approximately 30 billion euros are set to be invested in the construction of multiple chip factories.
  • The company has initiated collaborations with six universities in Saxony-Anhalt and is actively recruiting its initial workforce.
  • Approval processes commenced in February, paving the way for the production of the world's most advanced chips in the two factories starting from 2027.

Work Progresses on Globex Royalty Properties

Retrieved on: 
Wednesday, February 14, 2024

At Globex’s Fayolle royalty property, IAMGOLD are mining by open-pit and transporting the ore to their Westwood mill.

Key Points: 
  • At Globex’s Fayolle royalty property, IAMGOLD are mining by open-pit and transporting the ore to their Westwood mill.
  • Globex has begun to receive quarterly royalty payments on Globex’s 2% Net Smelter Royalty purchased many years ago.
  • In December, Globex received a $58,814.68 royalty payment.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

EQS-News:  Renewables, for the first time in 2023 'clean' sources produced two thirds of electricity in the EU. 

Retrieved on: 
Tuesday, February 13, 2024

Renewables, for the first time in 2023 'clean' sources produced two thirds of electricity in the EU.

Key Points: 
  • Renewables, for the first time in 2023 'clean' sources produced two thirds of electricity in the EU.
  • Renewables, for the first time in 2023 "clean" sources produced two thirds of electricity in the EU.
  • The proprietary technology of Energy S.p.A.'s storage systems it is already suitable for a wide range of renewables, including wind.
  • Sant'Angelo di Piove di Sacco (Padua), February 13, 2024 – Less coal and gas, foot on the accelerator of renewables.

Startup Accelerator for Battery Innovation Opens Applications for Inaugural Cohort

Retrieved on: 
Wednesday, January 17, 2024

Early-stage companies with battery innovations anywhere in the supply chain are encouraged to apply by 11:59 p.m. EST Feb. 23, 2024.

Key Points: 
  • Early-stage companies with battery innovations anywhere in the supply chain are encouraged to apply by 11:59 p.m. EST Feb. 23, 2024.
  • Companies accepted into the accelerator will receive $25,000, connections to investors, and opportunities for follow-on investment, including up to $100,000 for technical development.
  • Participation in the Binghamton based accelerator is mostly remote, with select weeks in person for instructional workshops and pitches to investor groups.
  • Testing our proven accelerator methodologies within battery innovation to solve these pressing challenges, and doing so within a rich, industry-leading battery ecosystem makes perfect sense,” said Dr. Sujatha Ramanujan, Managing Director, Luminate NY.

Energy Plug Announces First Clean Energy Partnership with Ximen Mining

Retrieved on: 
Friday, December 29, 2023

Vancouver, British Columbia--(Newsfile Corp. - December 29, 2023) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: CLIEF) (FSE: 6GQ) (the "Company"), is pleased to announce a partnership with Ximen Mining for a two-phase clean power storage and generation project to stabilize, support and power the Kenville mine's infrastructure in Nelson, BC.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 29, 2023) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: CLIEF) (FSE: 6GQ) (the "Company"), is pleased to announce a partnership with Ximen Mining for a two-phase clean power storage and generation project to stabilize, support and power the Kenville mine's infrastructure in Nelson, BC.
  • This initiative will provide Ximen with "green" infrastructure helping Ximen reduce its use of diesel, saving money on electricity with Energy Plug's Battery Energy Storage System (BESS), and ensuring there is no down time during power outages ensuring a stable and efficient mining operation.
  • This solar and water clean electricity supply will provide renewable energy at a lower cost with a targeted three-year ROI while also taking advantage of the Clean Electricity and Clean Energy Tax Credits in Canada.
  • "Ximen Mining Corp is thrilled to announce a groundbreaking clean electricity partnership with Energy Plug Technologies Corp and Renewable Energy Power.

Verizon gives the gift of upgraded wireless service to customers in Austin communities

Retrieved on: 
Wednesday, December 20, 2023

In Austin, the upgraded service covers the rapidly-developing area surrounding the Tesla Gigafactory.

Key Points: 
  • In Austin, the upgraded service covers the rapidly-developing area surrounding the Tesla Gigafactory.
  • “Verizon is committed to delivering the most reliable 5G network experience and meeting our customers’ connectivity needs where they live, work, and play.
  • For customers in these communities, the additional coverage and capacity means more customers now have access not only to reliable, fast mobile service, but also Verizon Home Internet service, a different kind of home internet with truly unlimited broadband service and no data caps.
  • To learn more about Verizon 5G Business Internet, visit verizon.com/5gbusinessinternet and plug in an address to see what service is available.

Forge Nano to Launch U.S Battery Manufacturing Business; North Carolina Gigafactory Planned for 2026

Retrieved on: 
Tuesday, November 14, 2023

Forge Battery plans to utilize a U.S-focused battery material supply chain to further bolster the domestic battery ecosystem and reduce reliance on foreign suppliers.

Key Points: 
  • Forge Battery plans to utilize a U.S-focused battery material supply chain to further bolster the domestic battery ecosystem and reduce reliance on foreign suppliers.
  • The company and outside investors plan for an initial investment of more than $165M in Morrisville, North Carolina to build the gigawatt hour-scale battery manufacturing facility.
  • Forge Battery and local North Carolina officials are planning a groundbreaking event in the first half of 2024.
  • To learn more about Forge Battery and its plans in North Carolina, please sign up to the company’s newsletter via the Forge Battery website at https://www.forgebattery.com

American Battery Technology Company Releases First Quarter Fiscal Year 2024 Financial Report

Retrieved on: 
Wednesday, November 15, 2023

RENO, Nev., Nov. 15, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its first quarter fiscal year (FY) 2024 financial results, for the period ending September 30, 2023.  

Key Points: 
  • RENO, Nev., Nov. 15, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its first quarter fiscal year (FY) 2024 financial results, for the period ending September 30, 2023.
  • The American Battery Technology Company commences lithium-ion battery recycling operations.
  • Currently, there is one battery Gigafactory in operation in the U.S. (near Sparks, Nevada) and over twenty additional battery Gigafactories currently under development and construction.
  • Financial highlights from first quarter FY2024 include:
    On August 21, 2023, the company finalized the purchase of its commercial-scale, lithium-ion battery recycling facility located in TRIC at 2500 Peru Drive, McCarran, Nevada.