DOE selects 8 companies to commercialize clean energy technologies; Jennifer Granholm quoted

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Eight private companies were selected by the Ministry of Energy receive total funding of $100 million to provide clean energy generation technologies.

As mandated by the decree, these organizations develop new technologies to strengthen clean energy infrastructurethe department announced Wednesday.

“These projects will catalyze the commercialization of promising technologies so that they are available for widespread deployment across the country to achieve our clean energy future,” the US Secretary of Energy said. Jennifer Granholm.

The companies represent the second cohort of winners under the Advanced Research Projects Agency-Energy’s Seeding Critical Advances for Leading Energy technologies with Untapped Potential program, which funds the development of technologies deemed feasible for domestic commercialization and deployment.

The companies chosen and their respective amounts and tasks are:

  • Ampaire Inc. – $9 million for hybrid electric propulsion technology for aircraft
  • CorePower Magnetics, Inc. – $5 million for domestic manufacturing of high-power-density magnetic components
  • Imagen Energy – $12 million for a compact electric vehicle fast charger
  • InventWood – $20 million for the production of MettleWood
  • Kent Houston Offshore Engineering – $17.5 million for floating offshore wind turbine technologies equipped with a passive control system developed by NASA
  • Niron Magnetics – $17.5 million for a Clean Earth magnet with no rare earths
  • Quidnet Energy – $10 million for geomechanical pumped storage
  • Via Separations – $9.75 million for innovative membrane modules

ARPA-E’s first SCALEUP funding award was granted to nine projects in 2019. The new awards bring total program funding to over $170 million.

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