US Energy Department to invest US$55 million to spark US manufacturing

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

The US Energy Department has today announced it will invest more than US$54 million in 13 projects, leveraging approximately an additional US$17 million in cost share from the private sector. The projects are aimed to develop technologies and materials to help American manufacturers dramatically increase the energy efficiency of their operations and reduce costs needed to power facilities. These projects form part of the Obama administration’s strategy for investing in emerging technologies that create high-quality domestic manufacturing jobs and enhance the competitiveness of US companies in today's global markets.

According to US Energy Secretary Steven Chu, the 13 competitively selected projects demonstrate the Energy Department's commitment to reclaiming the country’s position as the world's leading investor in clean energy, having nearly doubled clean, renewable energy use in the country over the past few years.

“When it comes to clean energy,” Chu said, “[it] should be invented in America, made in America and sold around the world.” By investing in these technologies, the Department is supporting “an economy built on American manufacturing, American energy and skills for American workers.”

The US Energy Department states that manufacturing is central to the American economy and that industrial processes consume about one-third of all energy produced in the US. This investment represents a huge opportunity to boost American competitiveness through advances in energy-saving technologies.

As a result of these projects, it is hoped they will produce large improvements in energy productivity, reduce pollution and boost product output, while creating jobs and helping American companies expand export opportunities globally.

Dr. Leo Christodoulou, program manager for the Energy Department's Advanced Manufacturing Office (AMO), noted that “Manufacturing converts a wide range of raw materials, components and parts into finished goods that meet market expectations. These projects are an example of how AMO partners with industry, small business, universities and other stakeholders to pursue emerging technologies that can expand or create new markets – generating high-quality domestic manufacturing jobs and enhancing US competitiveness.”

The following projects were selected:

Air Products and Chemicals – Allentown, PA – US$1,200,000
In March this year, Air expanded its hydrogen selenide capacity at its facility in Hometown, PA.

American Iron and Steel Institute – Salt Lake City, UT – US$7,120,000

Delphi Automotive Systems – Rochester, NY – US$3,700,000

General Motors – Warren, MI – US$2,672,124

Lyondell Chemical Company – Newtown Square, PA – US$4,500,000

MEMC Electronic Materials – St. Peters, MO – US$3,680,000
Restructuring charges, impairments and write-downs led to MEMC's reporting a fourth-quarter loss of US$1.48 billion, US$1.4 billion of which was due to the one-off charges. The company is currently resizing its solar wafer operations in light of ASP declines and reduced market demand. In addition, in May, S&P downgraded MEMC’s senior debt to a B+ rating.

MIT – Cambridge, MA – US$1,000,000

PolyPlus Battery Company – Berkeley, CA – US$8,999,920

Research Triangle Institute – Research Triangle Park, NC – US$4,800,000

Teledyne Scientific and Imaging – Thousand Oaks, CA – US$2,110,000

The Dow Chemical Company – Midland, MI – US$9,000,000

The University of Utah – Salt Lake City, Utah – US$1,460,285

Third Wave Systems – Minneapolis, MN – US$4,069,882
 

2 December 2021
Intersolar is the world’s leading exhibition & conference series for the solar industry. As part of this event series, Intersolar India in Mumbai is India’s most pioneering exhibition and conference for India’s solar industry. It takes place annually and has a focus on the areas of photovoltaics, PV production and solar thermal technologies. Since 2019, Intersolar India is held under the umbrella of The smarter E India – India’s innovation hub for the new energy world.
9 December 2021
The Smart Energy Council is hosting Australia’s second Virtual Smart Energy Conference and Exhibition on Thursday, 9 December 2021. This event will show that the industry powers on despite COVID-19 and we are standing together undeterred in spirit. Bringing our global community together using the latest technology.
13 January 2022
Intersolar North America and Energy Storage North America “Come Together” for the first time in Long Beach, CA—connecting installers, developers, utilities, technology providers, policy makers, and key stakeholders from around the world to advance the clean energy future. With best-in-class conference programming, integrated exhibits and pavilions, and the live Solar Games installer competition, #isnaesna21 will showcase the industry trends, innovative solutions, and emerging talent transforming the solar, energy storage, and e-mobility markets. Register today to redeem our exclusive offer for PV Tech readers—free expo hall or 20% off full conference pass.
1 February 2022
As Solar Finance & Investment enters its ninth year, we sit on the cusp of a new power market with solar at its heart. The 2022 edition of the event will build on our years of expertise and relationships to bring investors and lenders together with top developers. Connect with leaders in the field and use exclusive insights to drive investment and development decisions for the future. Meet new and existing project partners at the largest gathering of European solar investors and lenders.
23 February 2022
Held annually since 2016, the Energy Storage Summit Europe is the place to be for senior stakeholders in the European storage industry. Designed to accelerate deployment of storage, we examine evolving chemistries, business models, project design, revenue stacks and use cases for storage. The 2022 edition will include exclusive content around longer duration solutions, energy strategies for wide-scale deployment of EVs and "EnTech", the event which sits at the intersection of digitisation, decentralisation and decarbonation of the power system. Come to meet TSOs, DSOs, Utilities, Developers, Investors and Lenders and leave with new contacts, partners and a wealth of information.
7 March 2022
Take your chance to join the most powerful platform in the MENA region. Middle East Energy (MEE), Intersolar, and ees, the leading energy exhibitions are joining hands to co-deliver an outstanding renewables and energy storage event at Middle East Energy 2021. Renewables and energy storage at MEE is the largest gathering of solar and renewable energy industry professionals in the Middle East & Africa, offering the most effective trade focused platform to international manufacturers and distributors looking to meet regional buyers.

Read Next

December 1, 2021
Major US bank Wells Fargo has closed its maiden tax equity investment into a colocated solar-storage project currently under construction in New Mexico, US.
PV Tech Premium
December 1, 2021
The price of shipping containers from Asia to Europe and North America remains high but should start to come down in the new year, although the main price drops won’t occur in earnest until 2023 when new capacity is brought online. That additional capacity, however, may be offset by new International Maritime Organisation (IMO) rules to address the industry’s emissions
December 1, 2021
Enefit Green, the renewables subsidiary of Estonian state-owned utility Eesti Energia, is looking to procure up to 500MW of solar modules in the next three years.
December 1, 2021
Tech major Amazon has added a further 2GW to its committed utility-scale solar PV capacity, adding projects in the US and Europe to its renewables portfolio.
December 1, 2021
Global solar PV deployment is on track to grow by 17% this year in spite of surging commodity prices increasing manufacturing costs, according to the International Energy Agency (IEA).
December 1, 2021
The European Commission (EC) has approved the extension of Poland’s auction scheme for renewable resources that is predicted to support the creation of 9GW of renewables after it passed EU state aid rules

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal