New Technology Programs

CCEF’s New Technology Programs provide financing to help technology innovators and entrepreneurs advance development and commercialization of emerging clean energy technologies. The goal is to support growth of Connecticut’s clean energy industry, resulting in job creation, reduction in clean energy costs, environmental benefits and enhanced energy security.

 

The programs are designed to build investor confidence in emerging companies, customer confidence in new products, and public and market awareness.

  

CCEF and Connecticut Innovations (CI) together offer three clean energy technology investment programs: 

  • The Alpha Program funds development and testing to establish the technical viability and commercial potential of promising, early-stage technologies; see www.ctcleanenergy.com/alpha.
  • The Operational Demonstration (Op Demo) Program funds installation and testing of near-commercial technologies at representative customer host sites in Connecticut; see www.ctcleanenergy.com/opdemo.
  • The Clean Tech Fund makes equity investments in clean energy, clean water and environmental remediation technologies; see www.ctinnovations.com/cleantech.

If you have developed a new technology (or an innovative application of an existing technology), CCEF encourages you to take our Pre-Qualification Survey so that we can determine which program you may be eligible for. Click here to download the survey. Send your completed survey to newtech@ctcleanenergy.com.  You will receive a response from the New Technology Programs team directing you appropriately within five business days. A summary of eligible technology areas and minimum eligibility requirements is provided below. Program guidelines and application materials are available on the respective Web pages.

 

CCEF-funded new technology projects can involve full systems or system components representing product/process innovations in eligible technology areas, which include:

  • Electricity generation from renewable energy sources* or from waste energy recovery.
  • Electricity generation from nonrenewable energy sources using high-efficiency methods.
  • Combined heat and power.
  • Geothermal (ground source heat pumps) and solar thermal for heating/cooling.
  • Advanced energy efficiency and/or energy management systems for buildings and/or industrial processes.
  • Building envelope technologies.
  • Electricity infrastructure improvements, including energy storage for the electrical grid.
  • Fuel cells and hydrogen production.
  • Biomass and biofuel production for stationary electricity generation.
     
    * Click here for more information about what qualifies as renewable energy in Connecticut. 

For a summary of minimum eligibility requirements, click here.  For a complete description of eligibility requirements, see the Alpha or Op Demo Program Guidelines.

 

Program Announcements

  • The Alpha Program began accepting applications on March 30, 2011 for the first funding round. Applications are due June 15, 2011. 
  • The upcoming funding round of the Op Demo Program is anticipated to begin accepting applications in May 2011.
  • If you would like to be notified of program launches, send your name, company/affiliation, and contact information to:  newtech@ctcleanenergy.com.

 

Links to Important Information 

  • Links to other resources – COMING SOON.