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United States of America: DOE grants Moment Energy Inc funding for the upscaling of second-life EV battery energy storage systems (BESS)

Description

On 22 October 2024, the US Department of Energy announced that it would award Moment Energy Inc USD 20.3 million in funding to support the upscaling of second-life EV battery energy storage systems (B...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Oct 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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