On May 19, 2022, DOE announced $53 million in funding awards for diverse small businesses to pursue advanced scientific instrumentation and technologies to address climate change. The funding will support 259 projects across 38 states that cover security and resilience, renewable energy, energy storage, carbon capture and conversion, and fusion energy, including projects that invest in disadvantaged communities to promote equitable research, development, and deployment of solutions. Developing new, clean energy solutions is a key component of achieving President Biden’s goal of a net-zero carbon economy by 2050.   

The Office of Electricity selected the following five projects:  

  • Infinity Physics, LLC - Advanced Superconducting Fault Current Limiter 
  • Cornerstone Research Group, Inc. - Solid State Transformer with Predictive Digital Twin 
  • Universal Real Time Power Conversion LLC - Real-Time Simulation Tool for Predicting the Performance of Power Electronics Technology Used on the Grid  
  • Higher Wire Inc. - Multiport Multi-Directional Modular and Scalable Power Conversion Platform With DC/AC Source/Storage Integration 
  • InnoCit - PowerBox: A Multi-Port Power Conversion System for Remote Communities  

Learn more about the Office of Electricity Small Business Innovation Research awards in our news feed.