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Connecticut Clean Energy Fund Seeking Proposals for $4 Million Operational Demonstration Program

Program Will Further the Commercialization of Clean Energy Technologies in Connecticut

The Connecticut Clean Energy Fund (CCEF) today announced that it is accepting proposals for its new $4 million Operational Demonstration Program. The program will enable early-stage companies to demonstrate the effectiveness of their near-commercial clean energy technologies and will further the potential growth of the clean energy industry in Connecticut.

“New innovations in clean energy can be a driver in creating and expanding the renewable energy industry in Connecticut”said CCEF Chief Operating Officer Lise Dondy. “Clean energy projects are already producing electricity at locations across Connecticut, and more are coming online all the time. By accelerating the commercialization of new technologies, our Operational Demonstration Program will build on this momentum. It will increase the potential production and use of clean energy in our state through technology advancements and enhance Connecticut’s growing reputation as an international leader in clean energy innovation.”

The new program supports one of CCEF’s central objectives: to foster the creation and growth of early-stage clean energy companies by supporting technology commercialization.

CCEF’s Operational Demonstration Program will provide funding opportunities of up to $500,000 per project for companies that want to establish product viability and a track record of performance for their near-commercial clean energy technologies. The funding will support those goals by helping companies install and test their technologies in real-world operating environments.

Applicants must be entrepreneurs, developers or integrators of the technology. They also must have a demonstrated long-term interest in commercializing the technology. The product to be demonstrated must involve clean energy generation and/or hydrogen conversion. Facilities in which the technology will be installed and demonstrated must be located in Connecticut. The Fund will accept applications on a rolling basis and will be evaluated using objective criteria including technology viability and short and long-term market opportunities.

For more information about the Operational Demonstration Program, visit www.ctcleanenergy.com or send a written request to the Connecticut Clean Energy Fund, 200 Corporate Place, Rocky Hill, CT 06067.
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The Connecticut Clean Energy Fund is accelerating Connecticut’s technology economy by investing to develop clean energy technologies, supporting the creation of clean energy supply and educating Connecticut’s residents about the importance of clean energy to Connecticut’s energy future. The Fund is financed by a surcharge on ratepayers’ electric utility bills and is managed and administered by Connecticut Innovations.