Industry News

The United States Energy Department announces $325M for batteries that can store clean electricity longer

27 September 2023

Share Article

The United States Energy Department has announced a $325 million investment in new battery types that can help turn solar and wind energy into 24-hour power.

The funds will be distributed among 15 projects in 17 states and the Red Lake Nation, a Native American tribe based in Minnesota.
Batteries are increasingly being used to store surplus renewable energy so that it can be used later, during times when there is no sunlight or wind. The department says the projects will protect more communities from blackouts and make energy more reliable and affordable.

Source: The Associated Press

Related Articles

Technician working to construct solar panels system
Articles

The United States Clean Energy Boom: Utility-Scale Solar and Storage Gain New Momentum

The United States is experiencing one of the strongest clean energy expansions in its history. Utility-scale solar and battery storage lead new generation additions nationwide, supported by stable federal incentives…
Articles

Governance Practices Every Sustainable Clean Energy Group Needs in 2025

In 2025, sustainable governance in clean energy is a decisive factor for long-term growth. As the renewable energy market expands, stakeholders and investors are focusing on how companies manage their…
Green hills with cows and wind turbines
Articles

Inside Concord New Energy Group Limited: 4 GW of Lessons for Global Developers

Concord New Energy Group Limited (HKEX: 0182) continues to define what disciplined, technology-led growth looks like in today’s renewable energy landscape. With a 2024 portfolio reaching 4,615 MW of attributable…
Load More Articles