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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

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The US Department of Energy (DOE) has selected 27 projects for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from oceans and free-flowing rivers and streams. Resolute Marine Energy, Inc.

Mariner 210
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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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Industry-Informed Physics-Based Monitoring for Asset Management and Maintenance Optimization, $500,000 Electric Power Research Institute, Palo Alto, Calif. Integrated Power Block Heat Exchanger/Thermal Energy Storage System for CSP Plants, $348,000 CFOAM LLC, Triadelphia, W. National Renewable Energy Laboratory.