Another round of funding has arrived to the doorsteps of five United States Department of Energy Advanced Research Projects Agency-Energy companies to the tune of $100 million from private sector financing, according to Vice President Joe Biden.
The financing covers five companies that received sums between $1.5 million and $6 million totaling $15.5 million from the Energy department under the Recovery and Reinvestment Act in 2009 and 2010 to develop advancements in clean energy technologies namely, North Carolina-based Phononic Devices, California-based Primus Power and Transphorm, Colorado-based OPX Biotechnologies, and research center Stanford University.
To read the full, original article click on this link: ARPA-E companies get more than $100 million in private financing - Business - Ecoseed Information Network
Author: Jhoanna Frances S. Valdez
