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Posted inMidwest Energy News

Ford to split EV, internal combustion businesses

ELECTRIC VEHICLES: Ford will reorganize its electric vehicle and internal combustion businesses into separate units within the company in an effort to streamline EV production and maximize profits. (CNBC) ALSO: General Motors sells its stake in electric vehicle startup Lordstown Motors, which recently posted a fourth-quarter loss. (Reuters) CARBON CAPTURE: North Dakota’s largest oil driller, […]

Posted inMidwest Energy News

Former Illinois House speaker indicted on racketeering charges

UTILITIES: Former Illinois House Speaker Michael Madigan is indicted on federal racketeering charges in connection with an alleged ComEd bribery scheme. (Chicago Tribune) RENEWABLES: St. Louis-based coal producer Peabody Energy launches a joint venture on renewable energy that will initially pursue more than 3,300 MW of solar and 1,600 MW of battery storage. (St. Louis […]

Posted inMidwest Energy News

Advocates optimistic for revived Illinois solar program

SOLAR: Increased state funding for community outreach will help raise awareness about an Illinois solar program for low-income residents and also help prepare households for installations. (Energy News Network) ALSO:• Ohio ranks eighth for total solar-sector jobs after the industry added nearly 900 jobs in 2021, according to a recent industry survey. (• Despite a […]