Lewis Center, OHIO, January 22, 2024 – Ohio’s own HeatPath Solutions was one of 111 organizations to receive government funding to accelerate market adoption of clean energy technologies.
HeatPath Solutions, a developer of sustainable chemicals and chemicals process technology for consumer-packaged goods was awarded funding to develop fundraising roadmaps and capture planning, with Peak Innovations Group, LLC.
The U.S. Department of Energy (DOE) Office of Technology Transitions (OTT), in collaboration with the Offices of Clean Energy Demonstrations (OCED), Fossil Energy and Carbon Management (FECM), and Energy Efficiency and Renewable Energy (EERE), today announced 111 entities to receive support in advancing their clean energy technologies, valued at $9.8M. The in-kind commercialization support will be provided by 33 supporting organizations in the form of DOE-funded vouchers.
The Bipartisan Infrastructure Law funds the Voucher Program as part of the Technology Commercialization Fund (TCF) and leverages DOE’s recent partnership intermediary agreement with ENERGYWERX.
“It takes a breadth of tools and expertise to bring an innovative technology from research and development to deployment,” said DOE Chief Commercialization Officer and Director of the Office of Technology Transitions Dr. Vanessa Z. Chan. “The Voucher Program will pair 111 clean energy solutions with the support they need from expert voucher providers to help usher new technologies to market.”
The program helps small businesses and other non-traditional partners access testing facilities or obtain third-party subject matter expertise needed to advance their technologies, business, or energy projects to the next level. The available support works to increase the adoption readiness of the participating organizations and ultimately brings impactful, clean energy technologies to fruition nationwide.
Selected organizations will receive vouchers worth up to $250,000 each across five types of support, including analytical assistance, performance validation, and siting/permitting support for jurisdictions.
HeatPath Solutions is one of four incubated start-ups of the parent company Nexceris. Founded by some of the most influential and original pioneers of sustainable energy conversion, storage, and chemical catalysis, Nexceris’s long history of innovation has led to a substantial IP portfolio of 16 U.S. patents, pending applications, and 28 international IP filings.
The company is deeply rooted in research and development and has been well supported by partnerships across multiple premier U.S. government departments and marquee corporate clients.
Two of the company’s other start-ups, Adena Power and Nexceris Electrolyzer Business, also received project funding.
“These resources will accelerate our work to reach partners and investors for our vision to decarbonize the chemicals consumers use every day. We’re also pleased to see the hard work of our colleagues at Adena Power and Nexceris Electrolyzer Business be recognized.”