Princeton NuEnergy

Princeton NuEnergy (PNE) is a pioneering clean-tech company, spun out from Princeton University in 2019, that has made significant strides in the recycling of lithium-ion batteries. Leveraging a patented low-cost process, PNE aims to transform the material supply chain by producing high-quality cathode active materials from spent lithium-ion batteries. This innovative process caters to recycling batteries from a wide range of sources, including electric vehicles, consumer electronics, energy storage systems, and manufacturing scrap, producing directly reusable cathode and anode materials with 99.99% purity. Furthermore, PNE's method is not only cost-effective, producing materials at half the cost of virgin material production, but it also boasts a zero-waste output, underscoring the company's commitment to environmental sustainability in the transition to clean energy. With the commercial production initiated in 2023, Princeton NuEnergy is set to play a crucial role in reducing the environmental impact of spent lithium-ion batteries and spearheading advancements in sustainable material recovery.