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Texas awards SpaceX $17.3M grant to expand Bastrop tech hub

Teslarati

Texas Governor Greg Abbott announced Wednesday that SpaceX has received a $17.3 million grant from the Texas Semiconductor Innovation Fund. The expansion is expected to create over 400 jobs and over $280 million in capital investment, as per a press release from the Office of the Texas Governor. We love Texas.

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Montauk Renewables signs LOI with European Energy to provide CO2 for e-methanol production in Texas

Green Car Congress

The LOI immediately commits Montauk’s CO 2 from its Texas facilities to EE North America’s Texas Power-to-X project. EE North America intends to construct a Power-to-X facility in Texas that would take the biogenic CO 2 from Montauk’s locations and use it in the production of e-methanol.

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Tesla lands in Texas for latest Megapack production facility

Teslarati

It has chosen Waller County, Texas, as the location of the new plant, according to a Commissioners Court meeting that occurred on Wednesday, March 5. This will be a state-of-the-art manufacturing facility for their Megapack product. However, it was occupied by a third-party logistics company that handled the company’s car parts.

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Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Teslarati

Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The firm’s first-quarter delivery estimates for Tesla reveal its optimistic take on the company’s future, even though it is still below the consensus estimate of ~417,000 vehicles.

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Tesla’s Cybercab takes workers for a ride at Giga Texas

Teslarati

Tesla has put a Cybercab on display at its Gigafactory Texas, with recent coverage from the site even showing the two-seat, autonomous vehicle driving a few employees around the parking lot. Cybercab in motion today at Giga Texas! The @Tesla Cybercab is on display at the Giga Texas main entrance today!

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Mitsubishi Power & Texas Brine partner on large-scale salt cavern storage for hydrogen to support decarbonization efforts in the eastern US

Green Car Congress

Mitsubishi Power Americas and Texas Brine Company are collaborating to develop large-scale long-duration hydrogen storage solutions to support decarbonization efforts across the eastern United States. Texas Brine gas storage cavern wellhead. Credit: Texas Brine Company). Texas Brine caerns available for storage.

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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas.

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