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Business

Attention renewable energy developers: Grant fund seeks applications

Transportation and logistics company seeks grant applications for alternative energy projects.
Written by Heather Clancy, Contributor on

If you have an alternative energy technology idea that involves the ocean or another maritime scheme, you might be able to squeeze some research and development money out of The Orcelle Fund.

The fund is a project supported since 2007 by Wallenius Wilhelmsen Logistics, which is a global logistics and transportation company. It is REALLY big in ocean transport, shipping more than 2 million cars around to various ports of call each year. The fund is named for the E/S Orcelle, which is the company's prototype for a hypothetical zero emissions car carrier, powered solely by renewable energy sources.

The deadline for the next round of grants is Dec. 15, 2009.

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