Green Stock News for January 21, 2025: $ENS $RIOT $IONR $XCH

Green Stock News

Welcome to the Green Stock News brief for Tuesday January 21st. Here are today’s top headlines:

EnerSys (NYSE: ENS) has finalized a $199 million award from the U.S. Department of Energy to build a 500,000-square-foot lithium-ion cell production facility in Greenville, South Carolina, dedicated to critical applications in commercial, industrial, and defense markets. Construction begins in 2025, with production slated for 2028, advancing U.S. energy storage and supply chain goals.

Riot Platforms (NASDAQ: RIOT) is evaluating the feasibility of using 600 MW of unused capacity at its Corsicana Facility for AI and high-performance computing (HPC) applications, alongside its existing 400 MW Bitcoin mining operations. The company has engaged industry experts and is accelerating outreach to potential AI/HPC partners while conducting a formal feasibility analysis.

Ioneer (NASDAQ: IONR) has secured a $996 million U.S. Department of Energy loan to develop an on-site processing facility at its Rhyolite Ridge Lithium-Boron Project in Nevada. The project will quadruple U.S. lithium supply, support 370,000 EVs annually, create hundreds of jobs, and establish the first new U.S. lithium and boron mines in decades, advancing domestic critical mineral production and recycling.

XCharge (NASDAQ: XCH) has partnered with Hertz to enhance EV charging infrastructure at U.S. airport rental sites, completing projects at three major East Coast airports and planning additional installations. Using advanced Level-3 chargers and efficient setups tailored to airport constraints, XCharge has improved Hertz’s charging speed, reduced bottlenecks, and supported its EV fleet expansion goals.