Princeton NuEnergy

Name: Princeton NuEnergy
Address: 1200 Florence Columbus Rd, Bordentown Township, New Jersey, United States, 08505-4200, Bordentown Township
Telephone: '+1 609-285-9783

Bordentown Townshiprenewables & environment

About

Princeton NuEnergy (PNE) is a clean-tech company based in Bordentown, New Jersey, founded in 2019 as a spinout from Princeton University. The company specializes in the direct recycling of lithium-ion batteries (LIBs) from electric vehicles and consumer electronics. PNE produces high-quality regenerated cathode and anode materials, contributing to a sustainable battery materials ecosystem. PNE operates with a focus on innovation in battery recycling, utilizing its patented low-temperature plasma-assisted separation (LPAS™) process. This technology allows for efficient separation and purification of spent LIBs, achieving over 95% recycling efficiency and significantly reducing costs and environmental impact compared to traditional methods. The company has raised $37 million in funding and is recognized as one of the top green technology companies. PNE is advancing a domestic circular battery supply chain with plans for a commercial-scale plant in South Carolina, set to launch in 2025.