Aceleron Secures Over £927k In Government Funding For Circular Battery Storage Project
The title of this post is the same as that of this article on Current News.
These two paragraphs define their project.
Lithium-ion battery developer Aceleron has been granted £927,426 in government funding to help develop its Project BATLAB.
The project will look to develop a more sustainable, circular build process for batteries in the UK market, with the goal of ensuring everything needed within the life cycle of the battery will be available in the same environment from first life to repurposing.
They are aiming to repurpose vehicle batteries and it appears University College London is involved.
I believe that given average luck, this venture could be a success.
- They have government funding.
- They have backing for a respected university.
- One of the partners is Aspire Engineering.
There will be masses of batteries to repurpose and lots of applications for them.
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