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For climate tech startups, the IRA is starting to pay off

The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas emissions by 2030. Private investment into climate tech startups is on track to match, and likely surpass, the government’s funding, particularly as investors feel secure in a growing market for such technologies. In the past year, more than 270 n...
United States Joe Biden Cassie Bowe Puneeth Meruva America Global Research Industrial Demonstrations Program
Source: yahoo.com

DOE announces $156M for applied research and development projects to drive industrial decarbonization

The US Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy announced a $156-million funding opportunity (DE-FOA-0002997) that will advance high impact applied research, development, and demonstration (RD&D) projects to reduce greenhouse gas (GHG) emissions across the US industrial sector. This funding opportunity represents follow-on investment to the...
Manufacturing Technologies Office Office Of Energy Efficiency Renewable Energy Flexible Industrial Energy Us Department Of Energy Industrial Demonstrations Program

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DOE to award up to $156M for applied R&D projects to drive industrial decarbonization

The US Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy announced a $156-million funding opportunity (DE-FOA-0002997) that will advance high impact applied research, development, and demonstration (RD&D) projects to reduce greenhouse gas (GHG) emissions across the US industrial sector. In 2020, the industrial sector accounted for 33%...
Flexible Industrial Energy Industrial Demonstrations Program Renewable Energy Manufacturing Technologies Office Office Of Energy Efficiency Us Department Of Energy

Energy department commits $6 billion to decarbonizing industrial manufacturing

The Biden Administration announced a plan to help decarbonize the industrial manufacturing sector through a new $6 billion investment it says will eventually help lower emissions while signaling a newfound demand in the “marketplace for clean products.” As part of the government’s...
Department Of Energy District Of Columbia United States White House Industrial Demonstrations Program Biden Administration

White House and DOE pledge $6 billion to decarbonize heavy industry; new funding opportunity announced | Hogan Lovells

On March 8, 2023, the Biden Administration announced approximately $6 billion in funding through a new program within the U.S. Department of Energy (“DOE”) aimed at accelerating...
United States Industrial Demonstrations Program Office Of Clean Energy Demonstrations Energy Supply Chains National Environmental Policy Decarbonization Office

Department of Energy Announces $6 Billion Funding Opportunity for Industrial Decarbonization and Emissions Reduction Projects | Pillsbury Winthrop Shaw Pittman LLP

Concept papers are due on April 21, 2023, and full applications are due on August 4, 2023. The Department of Energy will provide up to approximately 65 total awards, with...
United States Industrial Demonstrations Program Pillsbury Winthrop Shaw Pittman Office Of Clean Energy Demonstrations Department Of Energy Community Benefits Plan

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