Funding Opportunities for Geothermal Innovations Announced by the DOE
The U.S. Department of Energy (DOE) has unveiled funding opportunities under its SBIR and STTR initiatives, specifically targeting geothermal energy projects for FY25.
Overview of Funding Announcement
On December 27, 2024, the Department of Energy launched the FY25 Phase I Release 2 Notice of Funding Opportunity through its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. This announcement opens doors for small businesses to access critical funding aimed at two primary areas: geothermal heating and cooling solutions, as well as advancements in enhanced geothermal systems.
The Role of SBIR in Supporting Geothermal Research
The SBIR program is designed to provide grants that are competitively awarded based on the innovation’s market potential and alignment with specific research priorities set by the DOE. The selection process involves a collaborative effort between the DOE’s SBIR/STTR Programs Office and various program offices within the department to identify pertinent research areas.
Key Dates for Applicants
Interested parties must submit Letters of Intent by January 14, 2025, followed by full applications due on February 26, 2025. To learn more about this doe-sparks-renewables-revolution-with-exciting-new-solar-and-wind-power-initiatives-cleantechnica/” title=”US DOE Sparks Renewables Revolution with Exciting New Solar and Wind Power Initiatives – CleanTechnica”>funding opportunity or to find helpful resources regarding geothermal initiatives supported by these programs, please visit the dedicated website of the Geothermal Technologies Office related to SBIR/STTR funding.
Funding Opportunities for Geothermal Innovations Announced by the DOE
The U.S. Department of Energy (DOE) has unveiled funding opportunities under its SBIR and STTR initiatives, specifically targeting geothermal energy projects for FY25.
Overview of Funding Announcement
On December 27, 2024, the Department of Energy launched the FY25 Phase I Release 2 Notice of Funding Opportunity through its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. This announcement opens doors for small businesses to access critical funding aimed at two primary areas: geothermal heating and cooling solutions, as well as advancements in enhanced geothermal systems.
The Role of SBIR in Supporting Geothermal Research
The SBIR program is designed to provide grants that are competitively awarded based on the innovation’s market potential and alignment with specific research priorities set by the DOE. The selection process involves a collaborative effort between the DOE’s SBIR/STTR Programs Office and various program offices within the department to identify pertinent research areas.
Key Dates for Applicants
Interested parties must submit Letters of Intent by January 14, 2025, followed by full applications due on February 26, 2025. To learn more about this doe-sparks-renewables-revolution-with-exciting-new-solar-and-wind-power-initiatives-cleantechnica/” title=”US DOE Sparks Renewables Revolution with Exciting New Solar and Wind Power Initiatives – CleanTechnica”>funding opportunity or to find helpful resources regarding geothermal initiatives supported by these programs, please visit the dedicated website of the Geothermal Technologies Office related to SBIR/STTR funding.
