Bioenergy, Geothermal, Hydropower, Solar, Wind Power

Connecticut Announces New Funds for Projects

The Connecticut Clean Energy Fund (CCEF) announced funding for a new program opportunity that will support new renewable, distributed and hydrogen energy projects in the state.

The Operational Demonstration Program will provide funding opportunities of up to $750,000 per project for companies with near-commercial clean energy technologies that are seeking to establish product viability and a track record of performance for their technology in a relevant operational environment. Total available funding under this program opportunity is $4 million. Applicants to the Operational Demonstration Program Opportunity must either be an entrepreneur, developer or integrator of the technology and must have demonstrated long-term interest in commercializing the technology. The product to be demonstrated must be an electrical clean energy generating or hydrogen conversion technology; for hybrid products, the energy conversion or hydrogen generation elements of the product must amount to at least 50% of the total cost of the intended commercial product. Installations and demonstration facilities must be located in Connecticut. This will be a non-competitive process and applications will be accepted on a rolling basis. “This new program opportunity clearly supports one of the Fund’s core objectives, to nurture the creation of early-stage clean energy companies through technology commercialization.” said Lise Dondy, Chief Operating Officer of the Connecticut Clean Energy Fund. “These operational demonstration projects will illustrate the viability, diversity, and economic benefits of various clean energy technologies in Connecticut.” The complete Operational Demonstration Program Opportunity – Call for Applications will be announced within the next sixty days and will be available on CCEF’s Web site at the following link.