US DoE pumps $43m into energy storage projects

19 new energy storage research projects, primarily focusing on improving current battery chemistry, are to be funded by the Department Of Energy through the US Advanced Research Projects Agency-Energy (ARPA-E) to the tune of $43m (€35m).

Recipients of the majority of the tax-payers’ largesse will be Pennsylvania State University, Palo Alto Research Center, the Ford Motor Company, and Arbin Instruments, whilst the remaining $13m (€10.6m) is going to seven small businesses to pursue energy storage advances for stationary power and electric vehicles.

One such project is the development of Advanced Redox Flow Battery by ITN Energy Systems, in collaboration with the University of Kentucky, reports

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