Larson: Local Green Energy Company To Receive Recovery Act Funding

For Immediate Release: November 23, 2009

Contact: Paul Mounds 860-278-8888

Larson: Local Green Energy Company To Receive Recovery Act Funding

Washington, D.C. - Today, U.S. Congressman John B. Larson (CT-01) announced that a local small business, Rotating Composite Technologies, LLC of Kensington, will receive $149,824 in Recovery Act funding to support the development of an innovative green energy source from water. Competitive with the power production of coal, the water turbine power system produced by the company will supply constant electrical power when installed in rivers or ocean currents.

"Connecticut is home to small businesses, such as Rotating Composite Technologies, driving our nation's development and innovation in green energy. This funding and the technology it supports can create hundreds of green jobs in the state while helping our nation achieve energy independence," said Congressman Larson.

Rotating Composite Technologies, LCC, through a special fast-track process with an emphasis on near-term commercialization and job creation, was one of 117 companies chosen from a competitive pool for the grant. Based on how successful and market ready the water turbine power system is, Rotating Composite Technologies will be eligible for a second round of Department of Energy grants in the summer of 2010.