Green Innovations

Developing renewable and clean technology companies in New York

Tuesday, July 20, 2010

Department of Energy grants three New York based projects $5.5 million.

The Advanced Research Projects Agency-Energy (ARPA-E) division of the Department of Energy has awarded a total $5.5 million  to three New York State based energy research projects for their potential to significantly improve the way energy is used/produced in the United States while simultaneously increasing competitiveness and creating jobs.

The CUNY Energy Institute of New York City received a total of $4,568,330 for two projects. The Energy Institute received $1,568,330 to develop an electrically insulating material to be used for a revolutionary thin film capacitor that would allow for low-cost, efficient grid interfaces and metacapacitors, or flexible sheets of fabric that can be used for electrical power conversion. The Energy Institute was also awarded $3,000,000 to develop a grid-scale fully-rechargeable energy storage system out of ordinary low-cost disposable alkaline batteries.

GE Global Research of Niskayuna, NY was awarded $949,545 to develop a magnetic component to support compact power interfaces between solar photovoltaics and the electrical grid.

For more information visit http://www.ny-best.org/page/new-york-based-projects-win-55-million-groundbreaking-energy-research-doe-press-release.