BIRD Energy Invests $7.5 Million in Clean Energy Projects
BIRD Energy Announces $7.5 Million Investment
The total investment in advanced energy projects is significant, amounting to $16 million with private sector contributions. This initiative, aimed at various clean energy solutions, showcases a robust collaboration between the U.S. Department of Energy and Israeli counterparts.
Overview of Clean Energy Projects
The U.S. Department of Energy (DOE), along with Israel's Ministry of Energy and Infrastructure and the Israel Innovation Authority, has recently completed a meeting that resulted in selecting five innovative clean energy projects. The chosen projects will benefit from a $7.5 million investment through the BIRD Energy program, designed to enhance energy efficiency, hydrogen applications, recycling, and energy storage.
Purpose of BIRD Energy
Launched in 2009 under the Energy Independence and Security Act of 2007, BIRD Energy aims to foster collaborative research and development between the United States and Israel. This established program focuses on advancing sustainable energy technologies, thereby promoting economic stability, job creation, and energy security.
Eligibility for Funding
To qualify for BIRD Energy funding, projects must feature partnerships between a U.S. company and an Israeli counterpart, or involve a university or research institution. The proposals focus on energy innovations that provide mutual benefits to both nations. With a stringent review process, BIRD Energy selects projects that demonstrate high technological merits and commercialization potential. Additionally, project partners must contribute at least 50% of project costs.
Summary of Approved Projects
The approved projects collectively amount to a total value of $16 million. They include:
- Lucy Borchard Shipping from Tel Aviv and Newlight Marine Technologies from New York, collaborating to develop hydrogen fuel for marine engines.
- Nitrofix from Petach Tikva and 1S1 Energy from Portola Valley, partnering to advance green ammonia production.
- OASIX Energy from Tel Aviv and EN-POWER GROUP from New York, focusing on a high-efficiency heat pump with thermal energy storage for homes.
- Phinergy from Lod and New York Power Authority, working on an eco-friendly alternative to emergency generators using aluminum-air technology.
- Plasticback from Tel Aviv and Freepoint Eco-Systems from Stamford, dedicated to recycling PVC waste streams.
Statements from Key Officials
Dr. Andrew Light, U.S. Assistant Secretary of Energy for International Affairs, expressed that these peer-reviewed projects highlight the solid U.S.-Israel partnership in energy technology innovation. He emphasized the significance of BIRD Energy in enhancing clean energy economies to address climate security challenges.
Yossi Dayan, Director General of the Ministry of Energy and Infrastructure, noted that BIRD Energy facilitates joint technological projects contributing to efficient energy systems, allowing companies from both nations to commercialize and access new markets successfully.
Innovation in Renewable Energy
According to Dror Bin, CEO of the Israel Innovation Authority, BIRD Energy promotes further innovation through partnerships and investments in renewable and clean energy. The selected projects hold high commercial potential, significantly impacting the global market.
Commitment to Collaboration
Jaron Lotan, Executive Director of the BIRD Foundation, emphasized the organization's commitment to groundbreaking renewable energy initiatives. He reiterated the importance of collaboration between Israeli and U.S. companies, highlighting their unique contributions to innovation and growth.
Frequently Asked Questions
What is BIRD Energy?
BIRD Energy is a program that facilitates collaboration in renewable energy projects between U.S. and Israeli companies to enhance clean energy technologies.
How much funding is available?
A total of $7.5 million in funding is available through BIRD Energy for selected clean energy projects.
What types of projects are funded?
Projects that focus on energy efficiency, hydrogen applications, recycling, and energy storage are eligible for funding.
Who can apply for BIRD Energy funding?
Partnerships must include at least one U.S. and one Israeli company or involve a research institution from either country.
What is the economic impact of these projects?
The projects aim to promote job creation, strengthen energy security, and advance sustainable energy technologies.
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