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General Motors Unveils $550 Million Clean-Energy Project in Michigan

General Motors Unveils $550 Million Clean-Energy Project in Michigan

MT newswireMT newswire2026/11/12 17:34
01:34 PM EST, 11/12/2026 (MT Newswires) -- General Motors (GM) unveiled two solar generation facilities in Michigan under a $550 million clean-energy project developed by NorthStar Clear Energy. The solar facilities in Branch and St. Clair counties have a combined capacity of 300 megawatts, with 92% allocated to General Motors, according to a statement Thursday. The Branch Solar facility represents $380 million in investments, while the Lake Iris project in St. Clair represents $170 million, with both creating over 550 full-time local construction jobs during development, according to the company. General Motors will apply renewable energy credits generated by the projects toward emissions related to electricity purchased for its manufacturing operations, the company said. Price: 87.23, Change: -1.67, Percent Change: -1.88
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The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.

Data released by the U.S. Treasury Department on Thursday showed that, due to increased government spending and decreased tax revenue, the U.S. fiscal deficit reached $404 billions in October, expanding by 42% compared to the same period last year.

智通财经•2026/11/12 22:28
The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.