* Carrier – Center of Excellence for heat pump production:On Aug. 12 it signed a letter of intent to make UlsterCounty, New York, the home of its first major manufacturing hub,citing incentives included in the IRA. * Zinc8 – New battery manufacturing facility: Zinc8announced Aug. 16 that its first U.S.-basedlithium-ion battery factory, previously expected to have a 2 GWhcapacity, will now have a 3 GWh capacity. * Kontrolmatik Technologies – Expansion of grid-scalebattery factory: Virginia-based energy storage companyKontrolmatik announced on Aug. 1 it will build a $600 million lithiumprocessing plant in Etowah, Tennessee, that will beginproduction in 2025 with a target of 30,000 metric ton per year. * Piedmont Lithium Inc - Lithium processing plant: Thecompany said on Sept. * Sparkz – More jobs: The battery startup in late Augustannounced Taylor County, West Virginia, as the site of a futureplant that will commercialize a zero-cobalt battery. * Volkswagen – Volkswagen signed an agreement with Canada toadvance a sustainable battery supply chain and supply lithium,nickel and cobalt. Constructioncould begin in the fourth quarter of 2022 and would reachcommercial production by the end of 2024. * Tesla - Lithium refinery: EV giant Tesla is seekingapproval in Texas to set up a lithium refinery. * Panasonic – Second new battery plant: Panasonic, an EVbattery supplier to Tesla, is considering Oklahoma for itssecond new $4 billion battery plant. * Hyundai – Construction of $5.54 billion EV and batteryplant in Savannah, Georgia, could start this year instead ofJanuary 2023. * Honda and LG Energy Solution – $4.4 billion for a newbattery plant with annual production capacity of 40 GWh. 16 unlocked hundreds of billions of dollars in climate-related investments.Īs a result, dozens of energy, automobile and clean technology companies have announced plans to move forward with new projects or accelerate the timeline on previous deals. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug.
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