Projects granted $74M to advance battery reuse, recycling
Fox News
Projects across the U.S. intended to advance the recycling of batteries was granted $74 million by the Energy Department. The funding aims to improve battery production in America.
The University of California-San Diego will receive $10 million to develop and scale-up technology to recycle lithium-ion batteries, while Element Energy in Menlo Park, Calif., will receive $7.9 million for a wind-energy project in west Texas. The company is working with Next Era Energy Resources to pursue commercial-scale technology to boost the second-life battery market for energy storage.
Sales of electric vehicles have skyrocketed in the past two years and are expected to continue rising under the $1 trillion infrastructure law signed last year and the climate-and-health law adopted in August.
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