Environmental

Six ARPA-E Projects Illustrate Private Investors Excited About Clean Energy Innovation

Washington, DC–(ENEWSPF)–February 3, 2011. In a little over one year, six projects that received a total of $23.6 million in seed funding from the Department of Energy’s Advanced Research Project Agency – Energy (ARPA-E) have generated more than $100 million in outside private capital investment, Energy Secretary Steven Chu announced today.

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The six projects, which received between $750,000 and $8 million each, focus on improving solar and wind energy technologies and advanced battery storage.

“This amount…

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