nick.nigro@atlaspolicy.com

Nel has been awarded up to $41 million in investment tax credits for its planned electrolyser manufacturing expansion in Michigan as part of the Qualifying Advanced Energy Project Tax Credit (48C) program. The company has initiated a significant expansion and industrialization of its manufacturing capacity and is preparing for a future site in Plymouth Charter Township, a suburb of Detroit, Michigan. When fully developed, the facility will be among the world's largest electrode facilities, where Nel will manufacture its next-generation pressurized alkaline and PEM technologies.

MP Materials is constructing America's first fully integrated rare earth magnet manufacturing facility in Fort Worth, Texas. Neodymium-iron-boron (NdFeB) permanent magnets are an indispensable component found in the electric motors and generators that power hybrid and electric vehicles, robots, wind turbines, drones, electronics, and critical defense systems. The U.S. is virtually 100% dependent on imports according to the Department of Commerce. MP will source the factory's raw material inputs from Mountain Pass, California, where it owns and operates America's only operational rare earth mine and separations facility. At the factory, NdPr oxide produced at Mountain Pass will be reduced to NdPr metal and then converted to NdFeB alloy and finished magnets, delivering an end-to-end supply chain with integrated recycling and world-class sustainability. MP will supply finished magnets to General Motors to support its North American EV production.

Moment Energy is building the first large-scale US manufacturing facility to process Giga-Watt hours of electric vehicle (EV) batteries for stationary storage applications. This facility will repurpose retired EV batteries, with 80% life remaining after their initial use in EVs, for grid modernization. Moment Energy will leverage its leadership in advanced battery testing and manufacturing, along with proprietary hardware, electrical systems and software, to ensure the EV battery repurposing process is safe and affordable. This initiative creates hundreds of well-paying jobs in the renewable industry, strengthening America's energy independence and critical material supply chains. The repurposed EV batteries will be utilized for grid modernization across the United States before being recycled domestically, ensuring that battery materials are kept in the US Supply Chain. Moment Energy's facility builds upon the success of its 15,000-square-foot concept facility, which stands as North America's first and only process certified by UL Solutions to UL 1974, the Standard for Evaluation for Repurposing Batteries.

Mobis North America electrified Powertrain, LLC (MNAe) is proud to announce that the company will be constructing three different electric vehicle component part plants that will provide these parts to the production of Hyundai and Kia electric vehicles. The awarded plant, located in Richmond Hill, will specifically produce Power Electric Systems ("PE System") which are integral to the production of electric vehicles through a positive environmental and community impact to the United States economy.

JSW USA's $145 million investment in its Mingo Junction facility will enable our company to produce monopile-grade steel slabs that will support monopile pole towers for usage in the offshore wind energy market. This investment will also reduce JSW USA's Baytown facility's reliance on imported steel slabs significantly and reduce overall carbon emissions by replacing imported slabs which have higher carbon emissions as compared to slabs produced by JSW USA which uses one of the most energy-efficient and lowest carbon-emitting method of steelmaking in the industry. The investment involves purchasing a twin Vacuum Tank Degasser (VTD) with associated transfer cars, tanks, tank covers, tank cover lifting devices, and related material handling systems. The investment will also make upgrades to both strands of the facility's caster. Lastly, this investment will result in the installation of a slab cooling water air mist system as well as auxiliary equipment, such as hydraulic and lubrication units. The project will address a gap in the renewable energy supply chain in the United States while creating and securing prevailing wage jobs in a qualified energy community.

LANXESS Corporation will expand its Charleston, South Carolina facility's phosphorus trichloride (PCl3) production capabilities to manufacture a battery-grade PCl3, essential for producing a critical battery component in electric vehicle (EV) batteries and energy storage systems. This project will further enhance the roles of the existing LANXESS workforce while supporting local workforce development through partnerships that prioritize prevailing wages, apprenticeship programs, and community engagement. This expansion plays a pivotal role in strengthening the U.S. battery manufacturing supply chain and represents a critical step toward sustainable growth and energy independence.

LS GreenLink USA, Inc. ("LS GreenLink"), a wholly-owned subsidiary of LS Cable & System Ltd., will specialize in manufacturing subsea power cables in the United States. The subsea power cables to be manufactured by LS GreenLink are integral to the global supply chain for offshore wind farms and designed to optimize bulk clean-power transmission. LS GreenLink will set new standards by introducing advanced manufacturing capabilities to support the global clean technology industry.

The project entails the decommissioning and dismantling of the coal boilers at ASRC and installing other energy and water-use efficiency equipment. It also includes the installation of a new boiler house with three natural gas boilers and a new boiler water treatment process. The installation is projected to save 40 million gallons of water and at least 43,000 metric tons of CO2 emissions annually, a 44% GHG reduction.

The Midddlesex County Utilities Authority (MCUA) is designing and constructing an Advanced Anaerobic Digestion Facility to increase the efficiency of the solids handling process of wastewater treatment. This facility will increase renewable energy production, decrease the weight of sludge processed and reduce overall emissions of the Treatment Plant by approximately 23%

John Cockerill Hydrogen North America will establish its first U.S. based facility for electrolyzer production. This gigafactory will have capacity to manufacture 200 patented 5-megawatt pressurized alkaline electrolyzers per year, which is the equivalent of 1GW electrolyzers per year. The selected location in Baytown, Texas contains a building which would require retrofit activities to be suited for electrolyzer production purposes. John Cockerill will prepare its site for electrolyzer manufacturing, build out production for electrolyzers, establish local supply chains including materials sourced from U.S. suppliers for critical components, and undertake staffing and training of talent to work at the facility, with the objective of starting electrolyzer stack assembly by Year End 2024.