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Investors - DECEMBER 22, 2020

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U.S. DOE and Israel’s Ministry of Energy back eight clean energy projects

by Released

The U.S. Department of Energy (DOE) and Israel's Ministry of Energy, along with the Israel Innovation Authority, have selected eight clean energy projects to receive $7.15 million under the Binational Industrial Research and Development (BIRD) Energy program.

The total value of the projects is $17.4 million, which includes $10.25 million in cost share from the companies selected for funding.

Since 2009, BIRD Energy has funded 55 projects with a total government investment of $42 million in addition to approximately $55 million in funds matched by the private sector. Each project is conducted by a U.S. and an Israeli partner. Selected projects address energy challenges and opportunities that are of interest to both countries and focus on commercializing clean energy technologies that improve economic competitiveness, create jobs and support innovative technologies and companies.

“The BIRD Energy program is a magnet that attracts companies interested in joint U.

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