PolyFuel says US Department of Energy 'restores' 2 mln usd grant for fuel cells |
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Thu, 10 May 2007 09:03
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LONDON (Thomson Financial) - PolyFuel Inc said the US Department of Energy (DOE) has are stored' 2 mln usd in programme funding to the company for development of portable fuel cells.The fuel cell membrane manufacturer said the original three-year 3 mln usd grant, awarded in late 2004, was temporarily suspended in early 2006 due to US budgetary constraints after about 1 mln usd had been funded.The programme is designed to encourage the development of next-generation mobile fuel cell power supplies, the company said.TFN.newsdesk@thomson.comkal/slmCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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DOE invests another $200M in ethanol 