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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Novolyte is contributing its energy storage business to the joint venture.

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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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The US Department of Energy (DOE) announced more than $30 million in federal funding, matched by more than $35 million in private sector funds, for 68 projects that will accelerate the commercialization of promising energy technologies—ranging from clean energy and advanced manufacturing, to building efficiency and next-generation materials.