Electric vehicle (EV) manufacturer Rivian has secured a $6.6 billion loan from the US Department of Energy (DOE) to develop a large-scale manufacturing plant in Georgia. The loan, issued through the DOE’s Advanced Technology Vehicle Manufacturing Loan Program, will fund the construction and operation of the new facility. The Georgia plant is now scheduled for … Read more
Fusion energy could one day provide a cheap source of electricity. The process involves heating two atoms to temperatures of 100 million degrees Celsius. Private industry received more than $2.8 billion last year The US Department of Energy, according to three persons familiar with the subject, will announce that scientists at a national facility have … Read more
Scientists at Lawrence Livermore National Laboratory in California have made a net gain of energy for the first time. Fusion is the process that powers the sun and stars and could one day be used to make cheap electricity. The US Department of Energy will announce the results of the experiment on Tuesday. Three sources … Read more
