ITN Energy Systems, a clean energy and technology incubator ,recenlty announced that it has been awarded $4.9 million as part of the Department of Energy ARPA-E grant program. The primary goal for this project is to develop solid-state electrochromic film on plastic substrates by using ITN's roll-to-roll production process to substantially reduce the cost of electrically controlled smart windows for net-zero energy buildings.
These windows when installed and in use will reduce heating and cooling loads and minimize overhead lighting use. ITNES will serve as the prime contractor on the award and is supported by MAG Industrial Automation Systems, EPRI, Southern California Edison and the Colorado School of Mines.
In annoucing the awards Steve Chu, U.S. Secretary of Energy said, "After President Obama announced this effort in April; we received a stunning level of interest -- nearly 3,700 submissions. We invited about 300 of those to put together full proposals. Today we are funding 37 projects -- 1% of the submissions."
"We commend Secretary Chu and the Department of Energy for their foresight in creating ARPA-E and swiftly creating grant opportunities to continually foster innovation for clean technologies. This grant reflects our 15 year old heritage of success at ITNES in leading the development of clean technologies in the areas of energy generation, energy storage and energy efficiency," said Dr. Mohan Misra Founder & CEO of ITN Energy Systems.