DOE's conditional commitment for the Grain Belt Express would have provided a loan guarantee of up to $4.9 billion dollars.

The government is planning to boost local manufacturing of critical power transmission equipment, especially for HVDC lines, through stakeholder discussions and initiatives like technology acquisition ...

Wednesday, the Department of Energy (DOE) announced the Loan Programs Office (LPO) has terminated the conditional commitment for the Grain Belt Express Phase 1 project.

The agency said the Grain Belt Express commitment was “rushed out the door in the final days of the Biden administration.” ...

Margins present a mixed story. While commodity prices such as copper, aluminium, zinc and pig iron have declined, not all companies are expected to benefit.