DOE awards over $65M to Praj, Novozymes, Invizyne, others to commercialize promising tech : Biofuels Digest biofuelsdigest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biofuelsdigest.com Daily Mail and Mail on Sunday newspapers.
DOE announces more than $65M in public and private funding to commercialize promising energy technologies
The US Department of Energy (DOE) announced more than $30 million in federal funding, matched by more than $35 million in private sector funds, for 68 projects that will accelerate the commercialization of promising energy technologies ranging from clean energy and advanced manufacturing, to building efficiency and next-generation materials.
The awards are facilitated by the DOE Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). The TCF was created by the Energy Policy Act of 2005 to help catalyze the agency’s research, development, demonstration, and deployment efforts into affordable, market-ready energy solutions, by strengthening partnerships between DOE’s National Labs and American entrepreneurs.