ClearSign Technologies Corporation Awarded Phase 2 Grant From Department Of Energy To Commercialize A Flexible Hydrogen Fueled Ultra Low NOx Process Burner
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ClearSign Technologies Corporation (NASDAQ:CLIR) has been awarded a Phase 2 government grant of $1.65 million by the Department of Energy (DOE) through the Small Business Innovative Research (SBIR) program. The grant will be used to commercialize a flexible hydrogen-fueled ultra-low NOx process burner. This follows the successful development of a ClearSign Core™ Ultra Low NOx burner fueled with 100% hydrogen, funded by a Phase I grant. The project aims to develop ultra-low NOx hydrogen burner technology, which could enable the adoption of hydrogen fuel for industrial heating and reduce industrial emissions.
August 29, 2023 | 12:31 pm
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ClearSign Technologies has been awarded a Phase 2 grant by the DOE, which could boost its financial position and reputation in the clean energy sector. The successful development of the ultra-low NOx hydrogen burner technology could lead to increased demand for the company's products.
The grant from the DOE not only provides financial support for ClearSign Technologies but also validates the company's technology and its potential in the clean energy sector. The successful development and commercialization of the ultra-low NOx hydrogen burner technology could lead to increased demand for the company's products, potentially boosting its revenues and stock price in the short term.
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