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The U.S. Department of Energy’s ARPA-E program — which allocates small grants to early stage, high risk technologies — has launched a new project focused on efficient power grid electronics. Say wha? When electricity flows across, on and off the grid it has to go through a lot of inefficient conversion devices. This program, called SWITCH, will give funds to 14 projects working on more efficient power conversion technologies mostly at the transistor manufacturing level. More info and project winners here.