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EnerG2 ultracapacitor plant eyes auto, grid storage
Start-up EnerG2 on Tuesday dedicated a plant to manufacture material for ultracapacitors that can be used to store energy in vehicles and on the electricity grid.
The Seattle-based company, which was spun out of the University of Washington, received a $21.3 million Department of Energy grant last year to build the facility in Albany, Ore. The funding, which was given to companies pursuing advanced storage technologies, covered the bulk of the total $28.4 million needed to construct the facility.
EnerG2 does not plan to make the actual storage devices, but instead make a material optimized for ultracapacitors, explained … Read more
