REMADE ANNOUNCES $33 MILLION IN NEW TECHNOLOGY RESEARCH
Institute Selects 23 Projects in Latest Round of Funding
The REMADE Institute, a 132-member public-private partnership established by the U.S. Department of Energy (DOE) with an initial investment of $140 million, today announced $33.2 million in new technology research, selecting 23 new projects as part of the Institute’s latest round of funding.
This latest round of investment is cost-shared between REMADE and the funding recipients. The 23 R&D projects are expected to lead to technologies capable of:
- Increasing recycled, or secondary, materials by as much as 8.9 million metrics tons per year
- Saving up to 407 petajoules (PJ) of embodied energy per year — the equivalent of conserving 66.5 million barrels of oil per year
- Decrease greenhouse gas emissions by as much as 24.1 million metric tons per year — eliminating the annual emissions of more than 5.2 million cars
Read the press release below: