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NOVONIX awarded USD 103M in tax credits by US gov’t for battery materials production

Novonix, an ASX-listed manufacturer of battery materials and technology, has been chosen by the US Department of Energy (DOE) to receive a USD 103 million (AUD 159 million) tax credit under the Qualifying Advanced Energy Project Allocation Program.
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Driving the future of smart energy: GridBeyond and ABB unveil new white paper on battery storage innovation

As industries adopt cleaner, more intelligent energy solutions, the ability to manage, store, and trade energy efficiently is increasingly vital to sustaining a competitive edge.