Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
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MRET had initiated a <strong>Fuel</strong> Cell Initiative<br />
(http://masstech.org/RenewableEnergy/fuel_cell.htm) to promote the use of<br />
commercially available fuel cells in applications requiring high reliability and/or and<br />
power quality. This initiative is no longer active; however, the Large Onsite Renewables<br />
Initiative extends feasibility and design and construction grants to expand the use of<br />
large renewable energy generation systems (more than 10 kW in size). The Trust's <strong>Fuel</strong><br />
Cell Initiative funded a series of feasibility studies and installation of a 250 kW fuel cell at<br />
the U.S. Coast Guard Air Station on Cape Cod.<br />
Current funding programs through MRET include:<br />
Large Onsite Renewables Initiative (LORI)<br />
www.masstech.org/renewableenergy/large_renewables.htm<br />
MRET’s Large Onsite Renewables Initiative (LORI) provides Feasibility Study and<br />
Design & Construction Grants on a competitive basis to expand the production and use<br />
of distributed renewable energy technologies in Massachusetts. Through LORI, $8.9<br />
million in funding is available over the next three years to support renewable energy<br />
projects with greater than 10 kW of nameplate capacity located at commercial, industrial,<br />
institutional, and public facilities that will consume more than 50% of the renewable<br />
energy generated by the project on-site. <strong>Fuel</strong> cells (any fuel source) are eligible for<br />
funding. LORI applicants may request funding in two activity areas:<br />
Contact:<br />
• Design & Construction Grants are calculated based on an incentive/Watt of<br />
renewable energy capacity Design grants are capped at the lesser of<br />
$75,000 or 75% of actual cost, and construction grants are capped at the<br />
lesser of $500,000 or 75% of actual costs.<br />
• Feasibility Grants are capped at $40,000 with cost-share of 20% or $5000,<br />
whichever is less.<br />
Jon Abe, LORI Project Manager<br />
Massachusetts Technology Collaborative<br />
75 North Drive<br />
Westborough, MA 01581<br />
Phone: (508) 870-0312, Ext. 216<br />
E-mail: LORI@masstech.org<br />
Sustainable Energy Economic Development (SEED) Initiative<br />
www.masstech.org/SEED<br />
MRET’s Sustainable Energy Economic Development (SEED) Initiative provides funding<br />
to businesses seeking capital for developing new products, testing and improvement,<br />
and commercialization activities for eligible renewable-energy technologies. Under the<br />
third SEED solicitation, issued in November 2005, convertible loans ranging from<br />
$50,000 to $500,000 were offered on a competitive basis. A total of $2 million in funding<br />
was available to support Massachusetts-based companies that provide products or<br />
services related to energy derived from biomass, fuel cells, photovoltaics, waves, tides,<br />
hydropower or wind.<br />
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