Tuesday,
April 9
April 9
DOE $15 Million Battery Recycling Fund
The U.S. Energy Department is due to receive applications for a $15 million funding opportunity to increase consumer participation in electronics battery recycling and improve its economics. The investment, supported by the 2021 Infrastructure Investment and Jobs Act, aims to fund projects focused on recycling used electric vehicles batteries in order to reduce demand for new materials and allow domestic industries to produce at lower costs. The department recently announced the funding of 17 projects which was divided into three categories, $14.4 million into expanding participation in consumer electronics recycling, $40.1 million for improving the economics of recycling consumer electronics batteries, and $7.2 million for establishing programs to collect consumer electronics batteries.