Five Milwaukee-area manufacturers were awarded a combined $1.7 million in loans and grants for clean energy funding from the Wisconsin Energy Independence Fund late last week. The grants and loans will be used for research and development, commercialization or adoption of new technologies. The Wisconsin Energy Independence Fund granted a total of $7.3 million around the state in grants and loans last week.
The Milwaukee-area companies who received grants and loans include:
- Eaton Corp. and ZBB Energy Corp., recipients of a $229,000 grant to help develop a power conversion and energy storage system that manages energy from a renewable source.
- Johnson Controls-Saft Advanced Power Solutions received a $500,000 grant to help develop advanced materials, components and processes for manufacturing lithium-ion batteries for hybrid and electric vehicles.
- C&D Technologies Inc., recipient of a $500,000 loan to design and develop a large format lithium-ion battery energy storage system to be used with wind and solar power generation.
- Energenecs Inc., recipient of a $313,000 loan to expand and upgrade the city of Oconomowoc’s wastewater treatment plant.
- Paradigm Sensor LLC, recipient of a $150,000 loan to develop a hand-held analyzer to test the water percentage of biofuels.
