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Redwood Materials plans to spend $3.5 bln on making EV battery essentials

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Redwood Materials plans to spend $3.5 bln on making EV battery essentials


July 25 (Reuters) – Redwood Supplies, based by former Tesla Inc (TSLA.O) government JB Straubel, mentioned on Monday it plans to spend $3.5 billion on a battery-materials manufacturing unit in northwest Nevada, confirming an earlier report by the Wall Avenue Journal.

The auto business has been ramping up manufacturing of electrical automobiles (EV) to satisfy a requirement surge, driving up orders for batteries and uncooked supplies akin to lithium, cobalt, and many others.

5-year-old Redwood Supplies is ramping up manufacturing of anode and cathode elements to 100 gigawatt-hours by 2025, sufficient to produce batteries for 1 million EVs a 12 months, then to 500 GWh by 2030, sufficient to produce 5 million EVs a 12 months or extra.

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Redwood Supplies, whose companions embrace automaker Ford Motor Co (F.N) and EV battery maker Panasonic Holdings Corp (6752.T), is constructing a closed-loop battery ecosystem geared toward reducing EV prices by slicing dependence on imported supplies, whereas additionally lowering the environmental affect. learn extra

The Nevada plant, underneath building outdoors Reno, is predicted to be one of many first U.S. amenities to supply key elements wanted to make batteries that energy electrical automobiles, Redwood Supplies mentioned.

It expects to spend $3.5 billion over 10 years on the plant and provide greater than 1,500 full-time jobs in that point.

In Could, Straubel mentioned the corporate aimed to start out manufacturing of copper foil used for electric-vehicle battery anodes at its Nevada facility by the top of 2022, including that Panasonic Corp (6752.T) can be the primary buyer for the anodes.

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Nevada

NV Energy aggravates climate change

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NV Energy aggravates climate change


We feel blessed to have grown up in Reno, raised by parents who frequently took us on camping trips, picnics and hikes throughout the desert and mountains of Nevada. They instilled in us a sense of awe and reverence for the miracle of living among such natural wonder. We are deeply saddened to see that beauty slipping away, with half of our beloved Sagebrush alone destroyed in 40 years.

But our sadness turns to anger, knowing it could disappear forever if NV Energy and other Berkshire Hathaway-owned utilities continue to put their profits ahead of a clean energy transition.

When our great-grandparents escaped the Irish famine and landed in Wadsworth, the Truckee Meadows was surrounded by 600-year-old trees, with 40-pound trout from Pyramid Lake spawning up the Truckee River. Those trees and fish are not only gone, they are forgotten, decimated by dams, excessive pollution and logging for the Comstock mines.

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The deer- and bear-laden forests that remain around Reno, and trout-filled Truckee River, also could be gone and forgotten by future generations, given the rapid pace of climate change and the lackluster response of NV Energy and others who have gone from climate deniers to climate pretenders.

Born in 1957 (Cathy) and 1960 (B), we are closer to the exit than the entrance. We know that the actions taken by those of us who are alive today will impact hundreds of generations to come. That’s why we are part of a growing movement in Nevada to protest NV Energy and to make sure our governor, Legislature and Public Utilities Commission force them to do the right thing.

Cathy is new to activism, stepping up in her retirement to work with other, older Nevadans who are also new to activism in order to harness the power of our generation.

B has engaged in traditional policy work — advocating for laws and regulations that protect the common good — for 40 years in Nevada, and sees this getting more difficult as the system is further rigged.

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Our hometown of Reno is the fastest-warming city in America, with average summer temperatures that are 10.9° hotter than in 1970. Last year, we saw the deadliest wildfires in over a century, Florida seawater hitting 101-degree hot-tub levels, and the hottest summer ever recorded.

We are angry and disappointed that NV Energy continues to: 1) kill rooftop solar and thwart community solar; 2) bypass the Integrated Resource Planning process to install expensive, short-lived fossil fuel energy plants via amendments; and 3) use ratepayer funds to pay for employee bonuses, corporate lobbyists and lavish entertainment, all while planning a threefold increase in our monthly base rate.

Nevada rooftops aren’t blazoned with solar panels because NV Energy kills every clean energy proposal unless it can own and profit from it.

Corporations like NV Energy and Berkshire Hathaway are responsible for climate change, high energy burdens and political corruption. They work with trade associations, dark money networks and lobbyists who spend untold amounts of money in Nevada and nationally to buy politicians and block advances like community and rooftop solar.

We can end our dependence on burning things for energy and stabilize our climate in the process — but only if NV Energy, its parent company Berkshire Hathaway and their ilk stop putting their profits before the future of our planet.

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Like millions around the globe, we feel that the greatest task of generations alive today is to give our grandchildren and future generations a shot at a livable planet by hastening a green energy transition and ending the burning of fossil fuels. Please join us, beginning with speaking out at next month’s consumer sessions before the Public Utilities Commission.

Cathy Fulkerson is the co-facilitator of Third Act Nevada and B Fulkerson is the lead national organizer for Third Act.

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Historic Sparks railroad building serves as the backdrop for new TV series

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Historic Sparks railroad building serves as the backdrop for new TV series


SPARKS, Nev. (KOLO) – After six months in the works, a new dystopian drama is coming to a major streaming platform. The best part? It’s being filmed at the oldest building in Sparks, Nevada.

Alissa Knight, alongside her wife Melissa, serves as the director and executive producer of a new TV series called ‘Shadow Unit.’ The series centers around protagonist Isabella Kane, a former head of a notorious ransomware group. Kane finds herself forced into a bargain with the FBI. Trapped in a high-stakes game of cyber warfare and redemption, she leads a team of misfit ex-hackers on a mission to dismantle the world’s most dangerous cyber crime syndicates, while uncovering corruption within the very agency she’s forced to serve. It sounds like fantasy but the series is actually based off Alissa’s life. Melissa, who’s a co-writer on the show, says being so close to this story actually makes the writing easier.

“Alissa and I truly believe on making things pretty real versus things you’ve seen in other shows that are fluffy, so to speak. So, I like that we are putting our practitioner hat on and writing it into the script,” Melissa said.

The crew for this production consists of 23 people including some locals like Sparks native, Andrew Arguello, who actually scouted the historic machine shop building himself.

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“This location came to my radar thanks to Donald Abbott who’s a councilman here in Sparks. He posted on Facebook about this location and how they were tearing it down. I reached out to tell him it was perfect for a crime drama series that I was filming. We toured it, obviously it was stunning, and had such rich history that obviously it was a no brainer to film here,” Arguello said.

When Alissa saw it, she couldn’t have agreed more.

“There’s a lot of production value here. You just cant make stuff like this in virtual production,” said Alissa.

You may recall previous reporting KOLO has done about the 120-year-old building being in danger of getting torn down. The production crew hopes that their series can build renewed interest in saving a piece of history.

“Us Nevadans, we care deeply for it,” said Arguello.

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Nevada Suit Alleging ‘Inhumane’ Horse Gathering Plan Dismissed

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Nevada Suit Alleging ‘Inhumane’ Horse Gathering Plan Dismissed


A Nevada district court dismissed a nonprofit wild horse advocacy group’s lawsuit against the US Department of Interior because the group largely failed to support its allegations that the government is not abiding by its own humane handling requirements.

Judge Larry R. Hicks with the US District Court for the District of Nevada dismissed one of Wild Horse Education’s claims with prejudice and its remaining three without prejudice, according to the judge’s Wednesday order. Hicks said the nonprofit’s 2023 first amended complaint failed to state a claim and that the court lacked subject matter jurisdiction.

Hicks granted the nonprofit …



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