US Department of Energy Invests $325 Million in Long-Duration Battery Storage Projects

The US Department of Energy has announced a $325 million investment in new battery technologies to enable the storage of solar and wind energy for continuous power supply. The funding will be allocated to 15 projects across 17 states and the Red Lake Nation in Minnesota. These projects aim to enhance grid reliability, affordability, and resilience while reducing the reliance on fossil fuel-based power plants. The funding will support the development of long-term storage options that can provide power for extended periods, surpassing the four-hour capacity of lithium-ion batteries. These investments mark a significant step toward addressing climate change and advancing clean energy solutions.