GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act Updated On Tue, Feb 20th, 2024 by Saurenergy The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […] Read more
$26M Investment In RE Grid Demonstration Projects By Biden Administration Updated On Mon, Aug 8th, 2022 by Saurenergy US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through […] Read more
Mexico Slams Donald Trump’s Decision on Solar Panels Tariff Updated On Tue, Jan 23rd, 2018 by Saurenergy Donald Trump has said the tariffs are going to help U.S. manufacturers. His administration has imposed an immediate tariff of 30 percent on most imported solar modules, with the rate declining before phasing out after four years. Mexico has stated that it regrets the Donald Trump’s decision not to exclude it from tariffs on imported […] Read more
