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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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The US Department of Energy (DOE) is awarding a combined $2.8 billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Earlier post.) Of that, $1.6

Parts 459
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Mitsubishi Power & Texas Brine partner on large-scale salt cavern storage for hydrogen to support decarbonization efforts in the eastern US

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The nation’s largest brine producer, Texas Brine, and its affiliates have salt positions in New York, Virginia, Texas and Louisiana that will enable access to major load centers in the Northeast, Mid-Atlantic and the Gulf Coast. Texas Brine gas storage cavern wellhead.

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BASF acquires Novolyte Technologies for Li-ion battery electrolytes

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Novolyte is a manufacturer of electrolyte formulations for lithium-ion batteries, as well as specialty chemicals for several key market segments. The acquisition comprises Novolyte’s Energy Storage activities focused on developing, producing and marketing performance electrolyte formulations for lithium-ion batteries.

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DOE offers $2B conditional commitment for first advanced fossil energy loan guarantee

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The US Department of Energy (DOE) offered a conditional commitment to guarantee loans of up to $2 billion to Lake Charles Methanol, LLC to construct the world’s first methanol production facility to employ carbon capture technology in Lake Charles, Louisiana. Overall, Lake Charles Methanol anticipates a $3.8

Energy 150
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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., Foosung Co., and its leaders. Novolyte received in 2009 a $20.6-million

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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Demand for graphite in battery applications is forecast to grow by 5-8% per year over the decade between 2017 and 2027, depending on the uptake of electric vehicles (EVs) and energy storage—the largest end-use applications for lithium-ion batteries. China remains the center of the graphite industry.

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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.