Group14 Applied sciences, the Woodinville, Wash.-based maker of superior silicon battery expertise, has been awarded $100 million as a part of President Biden’s Bipartisan Infrastructure Legislation to broaden home battery manufacturing for electrical autos and {the electrical} grid.
The startup is receiving the funds from the Division of Power’s Workplace of Manufacturing and Power Provide Chains. The company is deploying the primary section of greater than $7 billion of complete investments to spice up the manufacturing of battery applied sciences wanted to strengthen clear power industries, in response to a information launch Wednesday.
Group14, which launched in 2015, has developed a silicon-carbon composite materials that may substitute the graphite anodes in lithium-ion batteries, bettering their efficiency by 50% and offering quicker recharging occasions.
Group14 will use the funding to construct two 2,000-ton-per-year industrial manufacturing modules in a second manufacturing facility it’s constructing in Jap Washington’s Moses Lake. The corporate expects to rent 500 workers for the development, commissioning and operation of the ability.
Alameda, Calif.-based Sila Nanotechnologies additionally acquired $100 million from DOE to construct a 600,000-square-foot facility of its personal in Moses Lake to fabricate its silicon anode supplies. The corporate plans to rent 150 to 300 folks. Automaker Mercedes-Benz would be the facility’s first industrial buyer.
Group14 launched its first commercial-scale Battery Energetic Supplies manufacturing facility in Woodinville in April 2021.
“With our rising footprint within the Pacific Northwest, we’re answering the decision for ‘all-American’ batteries and stay steadfastly dedicated to constructing out a totally end-to-end home battery provide chain to assist the U.S. keep forward within the electrification race,” Rick Luebbe, CEO and co-founder of Group14, mentioned in an announcement.
Group14 raised $400 million in Could in a funding spherical led by Porsche AG, which plans to make use of the corporate’s expertise in a few of its electrical autos. The corporate has raised $441 million to this point.
Editor’s be aware: This story has been up to date so as to add details about Sila Nanotechnologies.