By Philadelphia Business Journal

The Greater Philadelphia Innovation Cluster has awarded more than $1.3 million from its Opportunity Research Fund to seven projects aimed at increasing energy efficiency.

The GPIC is one of three Energy Innovation Hubs sponsored by the U.S. Department of Energy and six other federal agencies. Itâ¿¿s a consortium of universities, businesses and economic-development organizations led by Pennsylvania State University that has been awarded up to $160 million in federal and state funding over five years to turn the Philadelphia Navy Yard into a hub for the development and deployment of energy-efficient building technology.

Ben Franklin Technology Partners of Southeastern Pennsylvania, a state-funded economic-development agency based at the Navy Yard, reviews proposals for the Opportunity Research Fund. It posted news of the awards Wednesday on its website.

News broke last night that Liberty Property Trust (NYSE:LRY) is working with a hotel developer to bring a Marriott Courtyard to the Navy Yard.

Copyright 2011 American City Business Journals
Copyright 2010