DOE joins with Israeli counterpart to invest $4.8 million in clean energy

In Washington, the U.S. Department of Energy (DOE) and Israel’s Ministry of Energy (MoE) along with the Israel Innovation Authority announced $4.8 million for five newly selected clean energy projects as part of the Binational Industrial Research and Development (BIRD) Energy program. Among the winner was CelDezyner Ltd. (Rehovot, Israel) and AdvanceBio LLC. (Milford, Ohio) who will develop a process for production of ethanol from lignocellulosic feedstocks.

Projects that qualify for BIRD Energy funding must include one U.S. and one Israeli company, or a company from one of the countries paired with a university or research institution from the other. The companies must present a project that involves innovation in the area of energy and is of mutual interest to both countries.

Qualified projects must contribute at least 50% to project costs and commit to repayments if the project leads to commercial success.