Biden Admin Approves Massive Loan To Reopen Nuke Plant That Might Close Again Within Years
The Department of Energy (DOE) announced Wednesday that it would be funding a ten-digit loan to restore a 53-year-old nuclear power plant in Michigan that, due to regulatory hurdles, may close again after 2031. DOE has committed to giving Holtec, a New Jersey-based energy company, a $1.5 billion loan to renovate the Palisades Nuclear Plant […]
Biden admin to provide $1.5B loan to restart Michigan nuclear plant
The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwest Michigan, officials announced Wednesday. Holtec International plans to acquire and dismantle the 800-megawatt Palisades power plant in 2022. But now the focus is on reopening by the end of 2025, with help from the state of Michigan and […]
Campbell Soup’s Ohio plant has been polluting Lake Erie: lawsuits
Environmentalists and the U.S. Department of Justice say an alphabet soup of pollutants has been flowing from Campbell Soup factories into rivers that flow into Lake Erie for years, posing an ongoing threat to humans and wildlife. The soup giant dumps wastewater from its Napoleon, Ohio, plant containing E. coli, phosphorus and other contaminants into […]
Russia attacks Ukrainian electrical power facilities, including major hydroelectric plant
Russia has attacked power facilities in large parts of Ukraine, including the country’s largest hydroelectric power plant, causing widespread power outages and killing at least five people, officials said Friday. President Volodymyr Zelenskiy said more than 60 drones and about 90 rockets were used in the attack. The attack came a day after Russia launched […]
Dutch tulip farm utilizes AI robot to slow the spread of plant disease
In the Netherlands, high-tech robots designed to fight disease in tulip fields use artificial intelligence to identify and deal with diseased flowers. A robot equipped with a camera and an AI algorithm inspects the tulips, taking thousands of images to determine if the tulips are infected. This technology allows robots to make informed decisions about […]
Syringe manufacturing plant planned in eastern North Carolina will employ 400
A company that makes containers and syringes for vaccines and other medicines will build a new manufacturing plant in eastern North Carolina, creating 400 jobs by the end of the decade, officials announced Monday. German company Schott Pharma’s U.S. operations will begin construction of a production facility in Wilson this year, investing $371 million in […]
Chinese battery firm sues Michigan town for attempt to block proposed plant
A Chinese battery company filed a lawsuit Friday against a Michigan township. try to block The plant proposed by the company is detroit news report. Silicon Valley-based Goshon Corp. plans to invest $2.4 billion to build an electric vehicle battery parts factory in Green Charter Township. The town’s previous board approved the water line needed […]
UAW moves to hold unionization vote at Volkswagen plant in Tennessee
Automotive expert Mike Caudill reacts on “The Bottom Line” to the Treasury Secretary’s assertion that the future of electric vehicles in the United States is very bright. of United Auto Workers Union (UAW) Workers at the Volkswagen assembly plant in Chattanooga, Tennessee, will vote to unionize, the union announced Monday, after the UAW secured a […]
Inside Lockheed Martin’s ‘Hercules’ plant where a crucial piece of American hardware is born
Kevin Mather, director of production operations at Lockheed Martin, discusses the company’s success in the defense sector. As China continues to increase its military spending, US aerospace company Lockheed Martin is focusing on advanced technology. FOX Business went undercover at Lockheed Martin’s Marietta, Georgia, factory, home of the iconic C-130 Hercules. The aircraft has spanned […]
Musk praises German workers during visit to arson-hit Tesla plant: ‘Deutschland rocks!’
Elon Musk visited Tesla’s giant European factory in Grünheide, Germany, on Wednesday. The factory was restarting operations last week after an arson attack on a nearby power transmission tower caused costly power outages and halted production. Tesla’s chief executive, pictured at a factory in Germany, wore a black T-shirt that read, “We are the (giga) […]