Not later than 180 days after the enactment of this Act, the Secretary, acting through the Chief Commercialization Officer established in section 16391(a) of this title, shall establish a Clean Energy Incubator Program (herein referred to as the “program”) to competitively award grants to clean energy incubators.
The Secretary shall not award more than $4,000,000 to one or more incubators in one given State, per fiscal year.
Each grant under subsection (b) shall be for a period of no longer than 5 years, subject to the availability of appropriations.
An award made to a clean energy incubator under this section may be renewed for a period of not more than 3 years, subject to merit review.
In accordance with section 16391a of this title, the Secretary shall submit to the Committee on Science, Space, and Technology of the House of Representatives and the Committee on Energy and Natural Resources of the Senate an evaluation of the program established under this section that includes analyses of the performance of the clean energy incubators.
There are authorized to be appropriated to the Secretary to carry out this section $15,000,000 for each of fiscal years 2023 through 2027.