The Clean Energy Investment Center (CEIC) will operate as a sub-office of the DOE’s Office of Technology Transitions, which aims to make targeted investments in private-sector clean energy innovation and to bring those developments onto the market.
As director of the CEIC, Malhotra’s mission will be to bring together the technical experts and funding of the DOE with private investors and partners to present new clean technologies to the nation.
Energy Secretary Ernest Moniz spoke highly of Malhotra’s scientific and business credentials, which he said makes Malhotra an ideal fit to the job.
“Malhotra’s unique experience as an accomplished scientist, entrepreneur and businessman will be invaluable as the first director of the Clean Energy Investment Center,” Moniz said. “Under ... Malhotra’s leadership, the center will play a significant and vital role in the administration’s Clean Energy Investment Initiative aimed at expanding private sector investment for innovative technologies that can reduce carbon emissions and combat climate change.”
Malhotra holds an MBA degree as well as a Ph.D in chemical and biochemical engineering. Before taking up the post at the CEIC, Malhotra founded and ran Oorja Protonics from 2005-2014. He built that company into a global leader in the design, development and manufacture of methanol fuel cells.