Industry News
The United States Energy Department announces $325M for batteries that can store clean electricity longer
27 September 2023
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
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
Corporate governance in clean energy means board-level ESG oversight, transparent risk management, and policies that hold leadership accountable for sustainability outcomes — not just compliance paperwork. Concord New Energy Group…
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…