Washington – Senator Evan Bayh today announced that Delphi Automotive Systems of Kokomo will receive more than $6.7 million in economic recovery funds to develop new energy technology designed to improve power delivery from batteries to electric motors.
“This funding will enable Delphi to make the kind of high-reward investments in clean energy that are so critical to power our emerging green economy in Indiana,” Bayh said. “This will not only create middle-class green jobs for Hoosiers, but has the potential to dramatically lower energy use and reduce our dependence on foreign sources of oil as well.”
The Delphi project is one of 37 initiatives selected today by the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) program to invest in the energy sector, including transformative innovations in energy storage, biofuels, carbon capture, renewable power, building efficiency, vehicles, and other energy technology areas. The funding is made available through the American Recovery and Reinvestment Act.
For more information on the project, visit: http://www.arpa-e.energy.gov/.
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