January 14, 2009

Cool Energy receives NSF grant

BOULDER – Cool Energy Inc. has been awarded a $500,000 grant from the National Science Foundation to help develop a way to provide heat and electricity to residences and small buildings via solar energy, Cool Energy announced Wednesday.

The Boulder-based company, which specializes in solar energy technology, received the phase 2 Small Business Innovation Research grant for the project dubbed the SolarFlow System.

The project is a continuation of a previous project Cool Energy helped advance that focused on designing an engine to convert heat from alternative sources (such as solar, geothermal and industrial waste) to electricity.

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“We are very pleased to work with the NSF to advance our alternative energy technology approach towards commercialization,” Samuel Weaver, Cool Energy’s president, said in a statement.

BOULDER – Cool Energy Inc. has been awarded a $500,000 grant from the National Science Foundation to help develop a way to provide heat and electricity to residences and small buildings via solar energy, Cool Energy announced Wednesday.

The Boulder-based company, which specializes in solar energy technology, received the phase 2 Small Business Innovation Research grant for the project dubbed the SolarFlow System.

The project is a continuation of a previous project Cool Energy helped advance that focused on designing an engine to convert heat from alternative sources (such as solar, geothermal and industrial waste) to electricity.

“We are very pleased to work…

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