This Cooperative Agreement award of $524,285,179.00 from the U.S. Department of Energy's Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications program (CFDA 81.253) aims to strengthen and secure domestic manufacturing and energy supply chains needed to modernize the nation's energy infrastructure and support an equitable transition to a decarbonized energy system and economy. Specifically, the funding will catalyze the establishment of domestic manufacturing capabilities for electric vehicle components, battery materials processing, and advanced energy manufacturing and recycling. The award recipient, MP Assets Corporation, will use the funding to expand and upgrade its Microporous LLC division's facilities and production capacity in Danville, Virginia to support these critical clean energy manufacturing objectives. The project, referred to as "Project Stellar," is expected to be completed by September 30, 2025.
Generated 2/25/25, 5:14 AM