Trump DOE confirms it’s canceling over $700M in manufacturing grants impacting battery and clean energy startups.
Matilda
Trump DOE Ends $700M Grants
Trump DOE Confirms It’s Canceling Over $700M in Manufacturing Grants Trump DOE confirms it’s canceling over $700M in manufacturing grants, marking a major policy shift for America’s clean energy sector. The Department of Energy (DOE) has officially announced that $720 million in manufacturing awards are being revoked, a move affecting key startups in the battery materials, recycling, and green tech industries. Image Credits:Gage Skidmore /Wikimedia Clean Energy Projects Face Massive Funding Cuts The DOE’s decision impacts several companies focused on battery materials, lithium-ion recycling, and super-insulating window production. According to Energy Secretary Chris Wright, the agency reviewed contracts issued during the Biden administration, citing that several “missed milestones” and “failed to adequately advance national energy needs,” as shared by DOE spokesperson Ben Dietderich to E&E News . These grants, originally authorized under the Bipartisan Infrastructure Law of 2021, were…