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DOE Releases US $200M for Solar & Water Power Technologies
Posted on Friday, May 14th, 2010 at 2:37 pm

 

U.S. Department of Energy Secretary Steven Chu announced last week that the Department will invest more than US $200 million over five years to expand and accelerate the development, commercialization, and use of solar and water power technologies throughout the United States. The Department is seeking projects focused on component and manufacturing technologies that show a strong potential to impact a substantial segment of the photovoltaic industry within two to five years. Examples include engineering lower cost coating materials, electrical components to improve performance, processes that reduce manufacturing waste, or equipment that dramatically improves manufacturing or installation speed. The Department plans to select both large and small companies that can quickly develop new photovoltaic supply chain solutions and anticipates that approximately $10-$15 million annually will be available to fund these PV supply chain projects. Applications are due July 2, 2010.

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