Inlyte energy, INC. New sbir/sttr award under DE-FOA-0001954 (seed) with the project title, ''the salt and iron path to renewables integration." to prevent damaging climate change and ensure energy…

Inlyte Energy, Inc. received a $500,000 Project Grant award from the Department of Energy Advanced Research Projects Agency - Energy (ARPA-E) under the Advanced Research Projects Agency - Energy (CFDA #81.135) program. The two-year award will support Inlyte Energy's project "The Salt and Iron Path to Renewables Integration" which aims to address the critical need for terawatt-hours of energy storage deployment on the U.S. grid over the next three decades to enable the transition away from fossil fuels towards solar and wind power while preventing climate change and ensuring energy independence. The grant will fund Inlyte Energy's research and development of technologies to help integrate intermittent renewable energy sources into the national power grid in a cost-effective manner by leveraging advances in low-cost energy storage using salt and iron materials.

Inlyte energy, INC. New sbir/sttr award under DE-FOA-0001954 (seed) with the project title, ''the salt and iron path to renewables integration." to prevent damaging climate change and ensure energy independence the U.S. Must transition away from fossil fuels. Dramatic cost declines in solar and wind have made this possible, yet their intermittency requires deploying twhs of energy storage on the U.S. Grid in the next three decades.