Top ARPA-E Funding Goes to Renewable Storage in Liquid “Battery”
DOE’s new renewable energy Venture Capital unit ARPA-E has just funded an entirely new kind of liquid battery innovation from MIT professor Donald Sadoway, that works like an aluminum plant running in reverse; producing power instead of consuming it.
Under the ARPA-E program at the DOE, the Obama administration has provided record-setting funding for advanced breakthroughs in renewable energy technology - that could propel America to the front of the post-oil age economy.
Just 37 technologies were selected for their potential transformational impact in the world, out of 3,600 applicants. Of the 37 winners; Sadaway’s has received the most funding; with $7 million.
