The Trump administration has canceled the Esmeralda 7 solar project in Nevada — a sweeping, multi-developer clean energy plan that would have been the largest solar installation in North America.
Great news for EVs: Lithium Nevada got the green light for a $2.26 billion loan from the US Department of Energy to finance a lithium carbonate processing plant.
Less than five months after beginning completely driverless (and pedal-less) rides on public roads in California, Zoox has expanded operations to Nevada, beginning where else but fabulous Las Vegas. Nevada is quickly becoming a hub for robotaxis, but Zoox is captured a “first” in the Silver State thanks to its unique design.
A US district court judge has upheld the federal government’s decision to approve the Thacker Pass lithium mine – North America’s largest known lithium source – after a permit issued in 2020 faced legal challenges.
The governor of Nevada, Steve Sisolak (D-NV), signed a multi-state agreement yesterday that pledges at least 30% of all new trucks and buses sold will be zero emission by 2030, and 100% will be zero emission by 2050.
Nevada and Washington have both passed legislation aiming for 100% carbon-free electricity in the future, becoming the fourth and fifth states to pass such bills.
When Tesla inked a deal with the state of Nevada to build its giant battery factory near Reno, it was widely reported that Tesla received $1.3 billion in tax incentives. While the deal could be worth close to the amount over a 20-year period, it is not clear how much Tesla is currently getting from the state because it was awarded as sales and property tax abatements, transferable tax credits (TTC) and discounted electricity rates.
Through documents recently released by the Nevada Governor’s Office of Economic Development (GOED), we now learn that Tesla started profiting from transferable tax credits by selling around $20 million worth to MGM Grand Casino. Expand Expanding Close
Nevada Governor’s Office of Economic Development (GOED) published its Q1 2016 Quarterly Activity Report for the Tesla Gigafactory and judged the company’s progress to be satisfactory. You can read the full report embedded bellow.
The most interesting bit of information coming out of the report is the fact that Panasonic invested more in the plant during the last quarter than it did since the beginning of the project. Expand Expanding Close
Electric vehicle startup Faraday Future, also known as FF, is moving forward with its $1 billion factory in North Las Vegas, Nevada. The company is holding an official ground-breaking ceremony with state officials today – you can watch the stream below.
FF also released several new details about the factory and its features, as well as the concept rendering seen above. Expand Expanding Close
In an effort to lobby Nevada lawmakers for the development of solar energy following the Public Utilities Commission’s decision to slash net metering, Tesla CEO Elon Musk and SolarCity CEO Lyndon Rive organized an event Wednesday night at the Gigafactory for Nevada politicians and top government officials.
Tesla and SolarCity executives held presentations meant to be “forward-looking and educational” and the whole event also included a tour of the Gigafactory. Expand Expanding Close
Hyperloop technologies (HT) co-founders Shervin Pishevar and Brogan BamBrogan were at the Launch Festival last week and sat down with Jason Calacanis to discuss the latest progress in making Elon Musk’s fifth mode of transportation a reality. Expand Expanding Close
Recent pictures of Tesla’s Gigafactory 1 in Nevada have been scarce lately. We were getting regular updates via drone videos, but those stopped and were even taken down. We can’t say it was the cause, but the videos were taken down not long after two journalists from Gannett’s Reno Gazette Journal (RGJ) were involved in an altercation with two Tesla safety managers on the property, while they were trying to take pictures. Expand Expanding Close
Only two months ago, Nevada Gov. Brian Sandoval approved a $335 million incentive package in a deal to secure that Faraday Future will build a $1 billion electric car factory in the state, more specifically in North Las Vegas. Now after the company reportedly broke ground at the site just a few weeks ago, we learn that Nevada Treasurer Dan Schwartzis questioning Faraday’s financial health after inquiries and a visit to China.
It looks like Faraday is subject to its fair share of scrutiny, especially after both Nevada and Tesla were criticized over the size of the incentive package the state agreed to give Tesla to build its Gigafactory near Reno. The package has been widely reported to be worth $1.3 billion and contributed to Tesla’s image as been dependent on government subsidies, but it’s important to understand that the incentives are spread out on 20 years and contingent on Tesla spending close to $100 billion at the factory during the same period. Expand Expanding Close