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DOE Selects 8 Companies to Commercialize Clean Energy Technologies; Jennifer Granholm Quoted

1 min read

Eight private companies have been selected by the Department of Energy to receive a total of $100 million in funding to provide technologies for clean energy production.

As tasked by the order, these organizations will develop new technologies to bolster clean energy infrastructure, the department announced on Wednesday.

“These projects will catalyze the commercialization of promising technologies so that they are available to be broadly deployed across the country in support of reaching our clean energy future,” said U.S. Secretary of Energy Jennifer Granholm.

The companies represent the second cohort of awardees 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 chosen companies and their respective award 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 compact electric vehicle fast charger
  • InventWood – $20 million for MettleWood production
  • Kent Houston Offshore Engineering – $17.5 million for floating offshore wind turbine technologies equipped with a NASA-developed passive control system
  • Niron Magnetics – $17.5 million for rare earth-free Clean Earth Magnet
  • 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 the program’s total funding to over $170 million.
 

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