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05 Jul
10:01

US mulls $100m funding for new energy storage pilots

The US Department of Energy (DOE) is considering launching a $100 million investment programme to support pilot-scale demonstrations for non-lithium, long-duration energy storage solutions. It would be directed at a minimum of three and a maximum of 15 projects, which would receive $5-20m each. At least 50% of the project cost would have to be covered by private investment, Kallanish understands. The potential new scheme comes amid demand to decarbonise the power…
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