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Press Release

NEDO's New Energy Venture Business Technology Innovation Program Selects 19 Projects across Four Subject Areas

-Establishing a Large-Scale Demonstration Study Phase and Boosting the Commercialization of Promising Technologies-
July  15,2016
New Energy and Industrial Technology Development Organization (NEDO)

To accelerate venture businesses and the autonomous development of new energy, NEDO has selected the recipients for grants and contracts under the "New Energy Venture Business Technology Innovation Program" in 19 projects across four fields of energy development, including solar power, biomass, fuel cells and storage batteries, and wind power and other unused energy resources.

One particular change beginning with this funding cycle is a focus on supporting the steady commercialization of promising technologies through the creation of a new large-scale demonstration study phase D, in which three projects were selected. To carry out the demonstration studies under these Phase D projects, NEDO will support collaborative efforts between startup ventures, small and medium enterprises, local governments, and large corporations.

For more information, please contact:

NEDO Innovation Promotion Department
Contact Persons: Eguchi, Hashimoto, Sato Tel: +81-44-520-5175