A total of US$92 billion has been invested in the US battery supply chain since Biden took office in January 2021, including recent projects announced by ICL and Rhyolite.
Nostromo Energy is seeking an equity capital raise as part of getting a US$189 million loan guarantee from the US Department of Energy to roll out its cold energy storage solution.
California-based firm Element Energy has raised a US$28 million Series B to accelerate its proprietary BMS-enhanced second life energy storage solution, with 2.5GWh of modules secured already.
The US Department of Energy (DOE) has provided US$7.9 million for a 50MWh battery energy storage project using second life EV batteries in the ERCOT, Texas market, by Element Energy and NextEra Energy Resources.
Hydrogen storage company GKN Hydrogen, gas utility SoCalGas and the US Department of Energy’s National Renewable Energy Laboratory are collaborating on a new green hydrogen storage solution.
The US Department of Energy (DOE) has formally launched a US$3.16 billion grant funding opportunity for its domestic battery supply chain, the latest in a series of moves to support the sector.
The US Department of Energy Loan Programs Office has committed US$504 million to a 300GWh hydrogen storage project in Utah and another US$107 million to a graphite facility in Louisiana.
Vehicle-to-grid solutions provider Nuvve, along with a host of other groups, has signed a memorandum of understanding with the US Department of Energy to accelerate the commercialisation of V2G and other vehicle-grid integration technologies.
