Millions in government funding to advance batteries for planes, trains, and maritime transport
Arpa-e announced twelve research awards totaling $15 million to develop electric airplanes, electric railroads and ships servicing the continental U.S.
Decarbonized industrial thermal battery startup raises $150 million
Heavy industry contributes approximately 30% of the world’s emissions. Antora Energy’s thermal batteries seek to address that problem for high-heat processes.
Ascend Elements raises additional $162 million for Kentucky battery recycling facility
Ascend Elements has raised a total of $1.2 billion toward construction of its Apex 1 facility, said to be the first factory in North America to recycle cathode precursor and cathode active materials for electric vehicle battery use.
Blue skies ahead for EVs and the energy metals that power them
Every new major innovation experience hiccups on the way to mainstream adoption, but the EV market has had stratospheric growth.
Lithos technology reduces water use in lithium extraction
Lithos applied for a $30 million DOE grant, which will help increase the facility’s capacity to sustainably process lithium hydroxide.
Sunrise brief: Many states transition away from net metering
Also on the rise: Energy Department announces investments in clean energy future. WoodMac predicts strong yet flat global PV growth through to 2032. And more.
Energy Department announces investments in clean energy future
A slew of funding programs are intended to advance electric vehicles and charging reliability, increase U.S.-made batteries, modernize the power grid and reduce the carbon footprint of federal buildings.
Sunrise brief: Energy storage provider Bluetti enters Texas solar market
Also on the rise: DOE seeks input on high-priority areas for transmission. First Solar closes $700 million in tax credit transfer sales. And more.
Building a U.S. battery supply chain
U.S. demand for battery energy storage systems will grow six-fold by 2030, according to a recent report by SEIA, but only with serious investment, coordination with experienced manufacturers and collaboration with allies.
Trends in U.S. grid-scale energy storage
The IRA’s investment tax credit for energy storage along with increased utility adoption are critical drivers in the growth of energy storage; however, challenges remain in the build-out of the manufacturing of storage needed to support the U.S. goal of getting to net zero.
