Seven clean energy ventures, Israel Hayom has reported, have secured $6.4 million in funding from a joint US-Israel R&D program.
When part of the BIRD Energy Initiative, the U.S. Department of Energy, Israel’s Energy Ministry, and the Israel Innovation Authority selected the programs.
BIRD said in a statement that the projects are valued at $15.4 million, which includes $9 million in cost-share funding from selected companies for funding.
The software for BIRD Energy was launched in 2009. Since then it has sponsored 49 projects with a cumulative joint government investment of $38 million, including the projects revealed Sunday.
About $49 million is coming from the private sector in matching funds.
Selected ventures tackle energy challenges and opportunities that both Israel and the US are interested in, and concentrate on promoting clean energy innovations that create jobs and help creative businesses, the statement said.
Energy Minister Yuval Steinitz said the cooperation between the U.S. and Israel within the BIRD “allows both countries to encourage joint technology development in diversified fields and bring them to market in a short time.”
“The joint projects that won this funding round proposed exciting technological innovations that tackle clean energy issues in both countries and around the world,” said Aharon Aharon, director of the Israeli Innovation Authority in the release.
A statement by U.S. Energy Secretary Dan Brouillette said: “The BIRD Energy program continues to deliver results for the benefit of both the U.S. and Israel. Seven new energy technologies have been marketed by the innovative clean energy companies awarded to date and have attracted more than $450 million in subsequent investment, creating jobs in both countries.”