News Article

3 Salt Lake businesses get federal grants for clean energy production
Date: May 10, 2013
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Featured firm in this article: Fluidtracer Inc of Salt Lake City, UT





WASHINGTON — Three Salt Lake City-based small businesses have received grants to develop clean energy technologies with a strong potential for commercialization and job creation.

InnoSys Inc. will be awarded $225,000. The project will develop and commercialize drivers and power supplies specifically designed for high efficiency phosphorescent organic light emitting diode lighting panels, for lighting applications and to increase and enhance the market and adoption for OLED lighting products.

Fluidtracer Inc. will be awarded $150,000. The firm aims to design, fabricate, demonstrate and market a borehole flowmeter for measuring flow within geothermal and enhanced geothermal system wellbores at temperatures as high as 300 degrees Celsius.

Oscilla Power Inc. will be awarded $149,965. Oscilla seeks further cost reduction and reliability enhancement of a breakthrough no-moving-parts technology that uses novel, domestically available materials to produce low-cost electricity.

Acting U.S. Secretary of Energy Daniel Poneman announced a total of 88 grants awarded to small businesses in 28 states. The awards total more than $16 million in investments.