2/13/2024 0 Comments Viridi battery download“The Inflation Reduction Act is the jolt of electricity Buffalo and companies like Viridi Parente have needed to supercharge their plans to breathe new life into the manufacturing legacy of Buffalo’s East Side. Right now China dominates the battery industry, but with the federal investment I secured last Congress, companies like Viridi Parente can lead the charge to make WNY and Upstate NY a major hub of America’s new clean-energy ‘Battery Belt,’” said Senator Schumer. Schumer said with companies like Viridi Parente leading the way, breathing new life into Western New York’s manufacturing legacy at the former American Axle Factory, which was once the beating heart of the community – we are entering into an era of manufacturing era unlike anything we have seen in this country for decades. Schumer explained that he is not only fighting for Viridi Parente to secure this critical funding, but also to protect programs Republicans have placed on the chopping block, that he created in the Inflation Reduction Act, the Bipartisan Infrastructure Law, and the bipartisan CHIPS and Science Act and are already helping the company and broader domestic battery manufacturing industry grow. Schumer today launched a major new push to help secure an up to $202 million investment through the Department of Energy’s (DOE) Loan Guarantee Program to accelerate the facility’s growth as it seeks to add hundreds of new jobs on Buffalo’s East Side. Standing at Viridi Parente, a cutting-edge battery storage system manufacturer, U.S. Schumer: It Is Time For The Feds To Spark Innovation, Supercharge Good Paying Local Jobs, And Power New Job Growth On Buffalo’s East Side Now Schumer Wants Feds To Help Ignite The Next Phase Of Their Growth – Accelerating The Transformation Of Former American Axle Factory – And Plan To Add Hundreds Of New Jobs With A Game Changing DOE Loan Viridi Parente, A Cutting-Edge Battery Storage System Manufacturer On Buffalo’s East Side, Is Already Getting A Big Power Boost From The Inflation Reduction Act’s Historic New Battery Programs
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