Federal government provides grants to support 33 small businesses

The United States Department of Energy Awards $63 Million to Advance Clean Energy Commercialization
DOE announced on September 15 its award of more than $63 million to support the commercialization of clean energy technologies, including $57 million for small businesses and $5.3 million for universities. The awards to small businesses include nearly $11 million provided through the American Recovery and Reinvestment Act. They will help 33 small businesses across the country develop manufacturing processes to scale up the production of their new clean energy technologies. Those technologies include 21 renewable energy and energy efficiency technologies, as well as six new technologies for power grids, three for next-generation nuclear power, and three for cleaner fossil energy. The awards are the first under DOE’s Small Business Phase III Xlerator program, which builds on the successes of DOE’s Small Business Innovation Research and Small Business Technology Transfer programs.

The renewable energy technologies include an algae-based biodiesel; four fuel-cell technologies, including two designed for biomass fuels; a high-temperature electrical insulation for geothermal energy applications; three solar cell technologies; and four wind power technologies. On the efficiency side is a lighting product using organic light-emitting diodes; innovative capacitors, permanent magnets, and lightweight materials for advanced vehicles; and four industrial technologies, including a low-cost microchannel heat exchanger, advanced laser-based sensors, a more energy-efficient way to make styrene, and a process that will allow ethanol producers to reduce their use of energy-intensive distillation. These 21 commercialization projects will receive nearly $38 million out of the total $57 million to be awarded. Click HERE to see the full press release.

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