The US Department of Energy (DOE) is awarding $57 million, including nearly $11 million under the American Recovery and Reinvestment Act, to support clean energy technology commercialization projects for 33 small businesses across the country. These projects, funded as part of DOE’s Small Business Phase III Xlerator program, will help small businesses develop manufacturing processes to scale up production of their new, proven technologies.
Included among the selected projects is one for algal biofuels, three for vehicle technologies and four for fuel cells. Other awards included funding for renewable energy resources, industrial and building energy efficiency, a modernized electricity grid, cleaner fossil fuels, and the next generation of nuclear power.
To read the full, original article click on this link: Department of Energy Announces $57M for Small Businesses in Phase III Xlerator Program; Algal Biofuels, Advanced Vehicle Technologies and Fuel Cells Included | FavStocks
Author: Green Car Congress
