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MegadealsSubsidy Tracker Individual Entry
Company: Group14 Technologies Inc.
Parent Company:
Subsidy Source: federal
State in Which Facility Is Located: Washington
Project Description: Group14s next-generation silicon-carbon composite to displace graphite in lithium-ion battery (LIB) anodes, called SCC55, facilitates dramatic reductions in battery cost and carbon footprint on a per unit basis compared to incumbent graphite anode material. SCC55 is an innovative composite of amorphous, nano- sized silicon within a porous carbon scaffold. This patented structure results in high-energy density, cycle stability, and fast charge capability. Importantly, SCC55 can be deployed directly in current LIB production equipment with very low switching costs and rapid implementation timelines.
Year: 2022
Subsidy Value: $100,000,000
Program Name: Bipartisan Infrastructure Law: Battery Materials Processing and Battery Manufacturing & Recycling Funding
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Number of Jobs or Training Slots: 500
Capital Investment: $222,936,774
Source of Data:
(click here)
Notes: Year is year of award announcement. Subsidy value is federal portion of project cost. Jobs are new jobs to be created.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.