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Published on March 1st, 2013 | by Zachary Shahan

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17 ARPA-E Projects Have Pulled In $450 Million In Private Funding

March 1st, 2013 by  


DOE Secretary Steven Chu, 3/1/11 at ARPA-E Innovation Summit (Photo by  DOE PHOTO/Ken Shipp)

Former DOE Secretary Steven Chu, 3/1/11 at ARPA-E Innovation Summit (Photo by DOE PHOTO/Ken Shipp)

The U.S. Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) this week announced that 17 projects it has helped jump-start have “demonstrated major technical successes and shown significant market engagement” in the past 4 years.

Putting a dollar figure on that, the 17 projects “have attracted over $450 million in private sector follow-on funding” (after their initial $70 million or so from ARPA-E). In addition, 12 ARPA-E projects have gone on to become companies, and over 10 have received funding from other government agencies for later stages of their development.

From clean transport to wind power to grid storage, the ARPA-E winners are looking to advance key technologies of various cleantech sectors. Here are a few lists of the projects, recently put together by the DOE:

Selected ARPA-E projects demonstrating market engagement as of February 26, 2013

Private Sector Investment

New Company Formation

Government Partnerships

ARPA-E’s 4th annual Energy Innovation Summit was this week, hence the summary of what has been accomplished to date. 
 
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About the Author

is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director and chief editor. He's also the CEO of Important Media. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA] — after years of covering solar and EVs, he simply has a lot of faith in this company and feels like it is a good cleantech company to invest in. But he offers no investment advice and does not recommend investing in Tesla or any other company.



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