Dmitry Rybolovlev via Wikipedia, background photo by Michael Kappel via Flickr Creative Commons

As turmoil roils DC a Russian-linked battery company is embedding itself in the US energy sector

Bankrupt North Carolina battery plant Alevo, funded by Russian oligarch Dmitry Rybolovlev, sold its assets and re-formed as Innolith, retaining many of Alevo’s leadership team and Russia ties — and it aims to help power the U.S. electrical grid.

Dmitry Rybolovlev

Dmitry Rybolovlev via Wikipedia

Rybolovlev funded Alevo, but plans didn’t work out

Alevo battery plant, North Carolina, source: Greentech Media

Alevo goes away and Innolith emerges

Innolith, Source: CleanTechnica

Alevo, Innolith and Customized Energy Solutions

Alevo leadership now at Innolith

New Innolith director is a Rybolovlev company CEO