Applying for this program could take your business to new heights. With up to $31 million available for innovative projects, you have a chance to conduct crucial research and implement cutting-edge solutions in clean energy technologies. This is a prime opportunity to explore how solar, wind, and energy storage can enhance your operations, while also allowing your business to align with the growing shift towards a decentralized electric grid.

No payback requirements mean you can focus on growth without the stress of immediate financial returns. By participating, you'll also engage with a network of new stakeholders, leading to more equitable access in evolving electricity markets. Plus, the program is designed to accommodate businesses of any size and revenue, ensuring that this funding is accessible to you. Don’t miss the chance to position your business as a leader in the energy transition while also benefiting from the support you deserve.

Type of Financing
This program provides grants aimed at supporting research, development, and demonstration projects. Grants do not require repayment, which makes them a fantastic opportunity for eligible businesses focused on advancing clean energy technologies.

Eligible Expenses
You can use the funds for a range of eligible expenses, including:

• Development of simulation software tools
• Field demonstrations for distribution system operators
• Staffing costs for research and project implementation
• Equipment and technology purchases related to project execution

Restrictions and Fees
However, the funds cannot be used for:

• General business operations unrelated to the project
• Any expenses incurred before the official funding agreement

There are no application fees associated with the program, ensuring that you can focus on your project without added financial burdens.

• Location: Available across the country.
• Sectors: Open to all sectors.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None stated.

The program provides up to $31 million in funding for projects aimed at enhancing power systems simulation and developing new business models for energy resource integration. This funding can help your business conduct research or implement projects related to clean energy technologies such as solar, wind, and energy storage. By participating, you can explore innovative solutions that can position your business at the forefront of the clean energy transition.

With the shift towards a more decentralized and digitally controlled electric grid, there is a growing need for innovative tools to manage a diverse range of energy resources. Using the funding, you can demonstrate new operational models that leverage these advanced technologies. This is an excellent chance to integrate your business into evolving electricity markets and attract new stakeholders, leading to more equitable access and participation.

In terms of funding conditions, there are no specific payback requirements, allowing your business to focus on growth without the immediate pressure of repayment. The program embraces a wide range of sectors and structures, making it accessible regardless of your company’s size or revenue. This flexibility provides a unique opportunity for you to invest in the future of your business while contributing to a sustainable energy landscape.