Monday,
April 29
April 29
DOE $63 Million Clean Energy Technologies Fund
The U.S. Energy Department is due to receive applications for a $63 million funding opportunity to accelerate the growth of domestic manufacturing of residential heat pumps, heat pump water heaters, and other heat pump systems and components. The funding from the Inflation Reduction Act, invoked by President Biden’s use of emergency authority on the basis of climate change, utilizes the Defense Production Act to boost key clean energy technologies, including electric heat pumps. The investment builds on the first round of funding that resulted in the award of $169 million to accelerate electric heat pump manufacturing at 15 sites across the U.S.