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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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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

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

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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 partners up to expand Virtual Power Plant program in Texas

Teslarati

Tesla is a part of a new energy partnership in Texas set to help expand the company’s Virtual Power Plant (VPP) program in the state, as announced by one energy provider this week. Along with Texas, Tesla currently has U.S. Storm Watch alone will save lives.

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Texas awards $3.2M in EV infrastructure grants to Plano-Based Universal EV Chargers

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Texas-based Universal EV Chargers has been awarded $3.2 million in grants to provision and install 105 electric vehicle (EV) charging ports in 21 locations around the state of Texas. The pressure on Texas EV charging infrastructure will be even higher, however, when estimates include non-Texans driving EVs in the state.

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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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