U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.
As a result, dozens of energy, automobile and clean technology companies have announced plans to move forward with new projects or accelerate the timeline on previous deals.
Zinc8 announced Aug. 12 it signed a letter of intent to make Ulster County, New York, the home of its first major manufacturing hub, citing incentives included in the IRA.