On January 5, the U.S. Department of Energy (DOE) announced that Dr. Sanjiv Malhotra will be the first Director of the Clean Energy Investment Center (CEIC), located within the Office of Technology Transitions.
Dr. Malhotra joins the center after most recently serving as a consultant for Tech-to-Market activities with the Department’s Fuel Cell Technologies Office. Previously, from 2005 to 2014, he served as the founder, President, and CEO of Oorja Protonics, a global leader in the design, development, and manufacturing of methanol fuel cells. During his time at the company, he attracted more than $32 million in investments from private sector equity firms, and he brought the company to profitability.
“Dr. Malhotra’s unique experience as an accomplished scientist, entrepreneur, and businessman will be invaluable as the first director of the Clean Energy Investment Center,” said Energy Secretary Ernest Moniz. “Under Dr. Malhotra’s leadership, the center will play a significant and vital role in the Administration’s Clean Energy Investment Initiative aimed at expanding private sector investment for innovative technologies that can reduce carbon emissions and combat climate change. Dr. Malhotra will further strengthen an outstanding clean energy finance team at DOE.”
As the center’s first Director, Dr. Malhotra will be responsible for standing up the CEIC, which will serve as a single point of contact for investors to access technical experts, acquire the latest reports on clean energy technology, and identify promising projects.