Heliogen And NantG Power Announce Strategic Collaboration To Innovate Solar Thermal Calcination Design
Portfolio Pulse from Happy Mohamed
Heliogen (NYSE:HLGN) and NantG Power have announced a strategic collaboration to develop a pilot solar thermal calcination facility. The partnership aims to advance sustainable energy storage technologies and transform the battery materials supply chain.
June 20, 2023 | 12:19 pm
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POSITIVE IMPACT
Heliogen's partnership with NantG Power to develop a pilot solar thermal calcination facility could lead to increased revenues and growth in the sustainable energy storage sector.
The partnership between Heliogen and NantG Power will leverage Heliogen's core intellectual property to develop a pilot solar thermal calcination facility. This collaboration could lead to increased revenues for Heliogen as they provide front-end concept design services and R&D engineering services. Additionally, the partnership highlights the growing market demand for sustainable, clean energy storage alternatives, which could lead to further growth opportunities for Heliogen in the future.
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IMPORTANCE 80
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