July 1, 2022

FDI Alliance International Speaks with Timothy Kelley

We have been successful attracting, permitting and constructing over $10 billion in investment over the last 10 years. Currently, we have over $10 billion in projects being permitted and another $10 billion for development. With that being said, we expect to see consistent construction over the next 10 years, increasing our employment by over 20,000 jobs. All of this is happening very quickly.
June 17, 2022

Energy Summit Projects Bright Future for Imperial Valley

Imperial Valley Economic Development Corporation hosted the 13th annual Imperial Valley Economic & Energy Summit Thursday, June 16 on campus. The summit’s primary purpose was discussing renewable energy, mineral extraction, manufacturing, clean transportation, and housing.
June 2, 2022

Stellantis Secures Lithium Supply for North American Electric Vehicle Production from Controlled Thermal Resources

Stellantis and Controlled Thermal Resources announced today the signing of a binding offtake agreement for CTR to supply battery grade lithium hydroxide for use in Stellantis’ North American electrified vehicle production....
April 28, 2022

Viridos Awarded Cal Competes Grant, Bringing Investment of $75M to Imperial Valley

We are also thankful to the continued support from our partners across local and federal agencies, notably the Imperial Valley Economic Development Corporation. Viridos is committed to keeping California as the hub of its strategy by bringing low-carbon and algae-based sustainable heavy transportation fuels to the commercial marketplace...
April 19, 2022

Lars Carlstrom Announces Launch of Statevolt to Develop 54gWh Gigafactory in California

rs Carlstrom, the founder-CEO of Italvolt, has today announced the launch of a new company, Statevolt, which will construct a 54GWh Gigafactory in Imperial Valley, southern California with an expected CapEx of $4 billion.
April 5, 2022

IVEDC CEO Timothy Kelley becomes 2022 Chair for TeamCalifornia

TeamCA offers centralized information for doing business in California. IVEDC CEO Timothy Kelley will be working alongside TeamCA board members who share the commitment to attract and retain business in California.