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Green Stock News for December 17, 2024: $JOBY $CHPT $NVX $AMPS

Welcome to the Green Stock News brief for Tuesday, December 17th. Here are today’s top headlines:

Joby Aviation (NYSE: JOBY) has completed FAA-certified static load testing of its aircraft’s tail structure, marking a significant milestone in its type certification process. Conducted in Santa Cruz, CA, the tests involved applying forces exceeding those expected during flight and were overseen by FAA representatives. The results contribute essential data for FAA approval, with the test procedures and components aligning with Joby's certification documents.

ChargePoint (NYSE: CHPT) and the Colorado Energy Office have completed six EV fast charging corridors across Colorado, adding 33 DC fast charging sites with over 80 ports, doubling the state’s coverage since 2019. Funded by $10 million in state support and private contributions, this initiative positions nearly 80% of highway corridors within 30 miles of a fast charger, catering to the state’s growing EV market.

NOVONIX (NASDAQ: NVX)has secured a conditional commitment for a $754.8 million loan from the U.S. Department of Energy to partially finance a new synthetic graphite manufacturing facility in Chattanooga, Tennessee, The new facility will support EV battery production for 325,000 vehicles annually by 2028 and bolster North American battery material production.

Altus Power (NYSE: AMPS) will construct a 10.5-megawatt solar project on three logistics buildings in New Jersey, benefiting up to 1,800 local households through its Community Solar program. The project aligns with Altus Power's mission to support sustainability by providing clean energy to enterprises and residents.

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Hillcrest Energy Technologies Hillcrest Energy Technologies is a clean technology company developing high value, high performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions...

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