ASXPAC

TL/DR - U.S. Treasury Secretary Janet Yellen is promoting new clean energy investments enabled by U.S. tax incentives as President Joe Biden struggles to earn voter recognition for the benefits. Yellen is touring a facility in North Carolina that processes lithium hydroxide, used in electric vehicle batteries. She highlighted that $614 billion…

TL/DR - U.S. solar manufacturer Suniva will restart its Georgia cell factory next year due to incentives in President Joe Biden's climate law. The company is the latest to commit to new U.S. solar production capacity since the passage of the Inflation Reduction Act (IRA), which subsidizes domestic manufacturing of clean energy equipment. The…