Energy Department funds EV battery projects

Element Energy - Revive

 

One of the energy projects funded by nearly $74 million in grants by the Energy Department to advance recycling and reuse of batteries for electric vehicles will be for a west Texas project.

Element Energy, a company based in Menlo Park, California received $7.9 million for a wind-energy project in west Texas. The company is working with Next Era Energy Resources on a project to pursue commercial-scale technology to increase the second-life battery market for energy storage.

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