01 Sep '13, 1pm

US Energy Department to invest $23.5m into innovative manufacturing R&D

US Energy Department to invest $23.5m into innovative manufacturing R&D 27 Mar 2013 The US Department of Energy will invest $23.5m into innovative manufacturing R&D projects as part of President Barack Obama’s effort ‘to guarantee that the next revolution in manufacturing is made right here in America’. The money will be invested into five additional innovative manufacturing research and development projects. This funding, additional to the $54m invested in 13 projects during the first round of selections in June 2012, will serve as a ground floor investment in Energy Efficiency and Renewable Energy’s new Clean Energy Manufacturing Initiative, also announced today at Oak Ride National Laboratory. Assistant Secretary David Danielson said, ‘Our $77m investment for advanced clean energy manufacturing enterprise creation will help to stimulate a renaissance in US manufacturing...

Full article: http://www.newenergyworldnetwork.com/investor-news/renewa...

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