Samsung May Get $6B CHIPS Act Funding for U.S. Expansion

TL/DR - Samsung Electronics is set to receive a $6 billion federal grant from the US Commerce Department to expand its chipmaking plants in the United States. The grant, part of the $28 billion set aside for manufacturers under the CHIPS (Creating Helpful Incentives to Produce Semiconductors) and Science Act of 2022, comes after Samsung announced…

$17M Inflation Act Funding to Protect NE Forests, Fish, Marshes

TL/DR - The National Park Service (NPS) is set to invest $195 million in Inflation Reduction Act funding to restore and build resilience in lands and waters that are important wildlife and native plant habitats, recreational spaces, and memorials. An estimated $17 million will go towards projects to safeguard national parks in the Northeast in…

Solar Industry Braces for Potential Trump 2024 Win

TL/DR - Despite the Republican party's threats to cut the Inflation Reduction Act (IRA), solar industry CEOs are confident that clean energy investments will continue to receive government support. The IRA, which supports clean electricity generation and storage, has been a major boon for the solar industry, with the largest panel manufacturer in…