State College, PA: 19 Aug 2011; EC Power LLC has been selected as a major partner with The Pennsylvania State University in a $5 Million contract awarded by the Department of Energy (DOE). The contract funds are part of awards totaling more than $175 Million for DOE’s Advanced Vehicle Technology Program. The project will entail the development of high energy density lithium-sulfur cell technology that significantly reduces battery size and improves performance and life. Practically, this means the development of an advanced battery technology that can store a great deal of energy, but with significantly reduced size and weight, when compared with current vehicle batteries. This type of product is an enabling technology for electric and plug-in hybrid electric vehicles, and plays a vital role in helping the United States wean itself off a dependence on imported oil and curbing greenhouse gas emissions.
“The Department of Energy is investing in new advanced technologies that will significantly improve vehicle fuel economy, save consumers money, and create skilled jobs for Americans,” said U.S. Energy Secretary Steven Chu in a DOE press release (http://energy.gov/articles/department-energy-awards-more-175-million-advanced-vehicle-research-and-development). “Investments in the next generation of autos will strengthen our economy and lead to a more fuel-efficient, clean energy future.”
EC Power is the only small business in the team, which in addition to Penn State includes a national lab and large industrial partners.
For additional information on the Lithium-sulfur battery project, see the following Web page: http://live.psu.edu/story/55549#nw4