Project Traits
State: North Carolina
Congressional District: NC07
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Project Type: Manufacturing
Energy Sector: Critical Minerals, Transportation,
Energy Subsector: Graphite, EV Batteries,
Project Start Year: Unknown
Project Launch Year: Unknown
Outcomes & Impacts
Private Investment: Unknown
Jobs Announced or Created: Unknown
People Served: Unknown
Projected Economic Impact: Unknown
Epsilon Advanced Materials Inc. is establishing a 30,000 MTPA(Phase 1) manufacturing facility in North Carolina to produce sustainable, high performance synthetic graphite anode material, a critical component in lithium-ion batteries.
The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.