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Battery recycling firm wins $2B loan from Energy Department

Por: WPLG Local 10 Politics February 09, 2023

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WASHINGTON – A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration.Redwood Materials, a recycling venture founded by the former chief technology officer at Tesla Inc. secured a conditional loan from the Energy Department's Advanced Technology Vehicles Manufacturing program, w Energy Secretary Jennifer Granholm announced the grant Thursday during a visit to... + full article



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