3,000 MW, 730-Mile Transmission Line Bringing Wind From Wyoming To Western Markets Inches Closer

KORE Power announces AZ battery cell facility; Only 5 battery cos supply all of US EV needs, w/Panasonic at 3/4 of total (mostly t to Tesla); Redwood gets $700 mn to expand li-ion recycling facility; Austin developers to build an entire 1,000+ home neighborhood, using 3rd version of Tesla solar roof tiles & Powerwall batteries; consortium of utilities supporting fast charging highway network now up to 14, in 29 states and serving 60 mn customers; Xcel Energy to slash emissions by 85% by 2030, faster than previously planned, and adding up to 10 GW of renewables in MN and CO; Anschutz Corporation close to completed permitting for 732-mile, 3,000 MW (20,000 GWh/yr) high-voltage power line to bring wind energy from Southern Wyoming to markets including LA & Phoenix.

1) KORE Power to construct first li-ion manufacturing facility, w/up to 12 GWh of annual production. Construction by the end of yr, w/actual production to start Q2 2023.

2) Today, only 5 companies (AESC, LG Chem, Panasonic, Samsung, & SK innovation) supply US electric EV OEMs. Panasonic the clear winner, at 74% of total.

3) Redwood Materials raises another $700 mn to triple capacity of recycling plant in Carson city, Nevada, and add 500 employees.

4) Tesla's solar tiles to be installed in 1,000+ home new development in Austin area. Powerwalls and EV chargers, too.

5) Utility coalition for fast charging expands to 14 utilities in 29 states and DC, serving 60 million customers.

6) Xcel Energy announced last week it will cut emissions by 85% betw now and 2030. Also planning on up to 10 GW of renewables in MN and CO.

7) Anschutz Corporation almost competed with permitting 732 mile, 3,000 MW TransWest Express high-voltage power line to bring wind energy from Southern Wyoming to load pockets, including Los Angeles and Phoenix (20,000 GWh/year, roughly equivalent roughly to 3/4 of LA's total annual electricity use).