Each $1 Invested by Government in the Clean Energy Generates $4 in Private Funding

Six projects have received a total of $23.6 million in a little over one year in seed funding from the Department of Energy’s Advanced Research Project Agency – Energy (ARPA-E) have generated more than $100 million in outside private capital investment. The six projects, which received between $750,000 and $8 million each, focus on improving solar and wind energy technologies and advanced battery storage.