A Sparks company is one of three organizations to get a jump-start from the Nevada Institute for Renewable Energy Commercialization.
Clausius Systems Inc. was awarded seed funding and advisory services that include appointment of an experienced executive as an entrepreneur-in-residence to help bring its technology to market.
The company is developing a high-efficiency heat pump that integrates solar technology.
Executives of The Nevada Institute for Renewable Energy NIREC, for short estimated the value of the award to Clausius at $150,000.
The company will be under the wing of NIREC for a year.
In addition, they noted that Clausius can tap into NIREC's network of experts in clean energy technology and financing.
Other winners in the latest round of NIREC funding were Potential Difference Inc., a Las Vegas company that's developing a system to rapidly charge batteries, and the University of California, Davis, which is working on low-cost solar cells using single-crystal semiconductors.
NIREC said last week it's seeking other proposals from early-stage clean-energy innovations.
"With each call for proposals, we see a growing number of innovative and commercializable clean energy technologies under development throughout the U.S.," said Jim Croce, president and chief executive officer of NIREC, during a presentation to a clean technology conference in Southern California.
NIREC is a non-profit consortium of research institutions, utilities and financial firms. The U.S. Department of Energy is a major financial sponsor.
The organization is headquartered at Incline Village.
