A research and development foundation will provide up to $3.3 million to fund four clean-energy projects in the United States and Israel, the U.S. Department of Energy announced.
The money, given in part by the energy department and the Israeli Ministry of National Infrastructures, will be allocated in coming months by Israel-U.S. Binational Industrial Research and Development, which aims to promote industrial research and development projects that benefit both the United States and Israel, it was announced Tuesday.
The rest of the funding for the projects, which are slated to begin next year, will come from the private sector.
The projects, each of which is a partnership between one Israeli company and one American company, range from the development of a device to produce electrical power from solar energy to software that will give utilities better control over power grids.
The partnerships are HelioFocus Ltd. and Capstone Turbine Corp.; Motorola Israel Ltd. and SmartSynch Inc.; Tigo Energy and U.S. Architectural Glass and Aluminum Co.; and TransBiodiesel Ltd. and The Purolite Co.
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