FWD:Energy Inc., Zanesville, Ohio, has been awarded a research subsidy of $250,000 from the U.S. Department of Energy (DOE) for use at federal laboratories to advance its technology to turn scrap tires into a key ingredient for lithium-ion batteries called Green Battery Carbon.
The awarded funds are provided through the DOE’s Small Business Vouchers Pilot (SBV), a recently introduced initiative of the department’s Office of Energy Efficiency and Renewable Energy that helps small U.S. companies bring their innovations to market by pairing them with participating DOE national labs.
“We have a special opportunity to work with the finest researchers in the world to advance our process and outputs for use in batteries and energy storage applications,” FWD:Energy CEO Richard Sloan said. “We get access to expertise and equipment that a small company like FWD:Energy would otherwise never be able to afford.”
FWD:Energy has already developed a clean, sustainable patent-pending system to turn large…