Sunrise New Energy Co., Ltd announced the successful mid-term evaluation of its Guizhou Provincial Science and Technology Major Project, receiving $730,000 to advance development of silicon-carbon anode materials for lithium-ion batteries. The project aims to overcome industry challenges like volume expansion and cycle stability. CEO Haiping Hu expressed commitment to using the funding to strengthen the company’s position in the high-performance battery materials market. Sunrise New Energy Co., Ltd is headquartered in Zibo, Shandong Province, China, and operates a graphite anode material manufacturing facility with a production capacity of 50,000 tons in Guizhou Province.

Read more at GlobeNewswire: Silicon-Carbon Anode Project Granted $730,000, With Sunrise