US DoE awards funding for advanced hydro tech projects

17 September 2009

There are 22 proposed awards being negotiated, and the funding ranges in size from US$500,00 to US$1.5M, the majority being at the lower end.

Negotiations are underway with parties including Dehlsen Associates, the electric-power-research-institute (epri), Re Vision Consulting, Hydro Research Foundation, Georgia Tech Research Corp, Ocean Engineering and Energy Systems International, Ocean Renewable Power Co, Free Flow Power Corp, Pacific Energy Ventures, Penn State, Columbia Power Technologies, Lockheed Martin Corp, PUD-1 of Washington’s Snohomish County and Principle Power.

In a statement, Energy Secretary Steven Chu, said: ‘These projects will provide critical support for the development of innovative renewable water power technologies and help ensure a vibrant hydro power industry for years to come.’

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