Energy Department to spend $428 million to build battery facilities to replace closed coal plants

Published October 22, 2024 9:00am ET



The Department of Energy announced on Tuesday that it will spend $428 million to expand battery manufacturing and recycling facilities in places that have suffered power plant and coal mine closures. 

The award money will go toward 14 projects in 15 different communities in states that include Pennsylvania, Tennessee, Kentucky, and Texas. The department said these projects will produce over 1,900 jobs.  

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