Log in or Register for enhanced features | Forgotten Password?
White Papers | Suppliers | Events | Report Store | Companies | Dining Club | Videos
Green Power
Solar
Return to: CTBR Home | Green Power | Solar

US DOE to support 48 advance solar technologies with $42.6m grants

Published 13 July 2017

The US Department of Energy (DOE) has announced a grant for 48 early-stage solar power technology projects as part of SunShot Initiative, which will be supported by a grant of $42.6m.

“The SunShot Initiative is a proven driver of solar energy innovation,” SunShot Initiative Director Charlie Gay said. “These projects ensure there’s a pipeline of knowledge, human resources, transformative technology solutions, and research to support the industry.”

The projects span two SunShot programs: Photovoltaics Research and Development 2: Modules and Systems (PVRD2), which will advance research in solar photovoltaic technology; and Technology to Market 3 (T2M3), which supports early-stage solar technology research.

In addition, cost share requirements will leverage additional private sector funding, yielding a total public and private investment of nearly $65 million. The funds provided are cooperative agreements that involve substantial federal oversight and consist of go/no go technical benchmarks, which reinforce attentive project stewardship.

Photovoltaics Research and Development 2: Modules and Systems
Developing the next generation of photovoltaic technologies – 28 projects, $20.5 million

PVRD2 supports a wide variety of photovoltaics research pathways, including module design, high-risk emerging research, and technology facilitating rapid installation. Nearly 80 percent of these projects are led by academic institutions, ensuring that the next generation of energy researchers pursue cutting-edge solar technologies. These projects will investigate new solar concepts that have the potential to be broadly applied across the industry. The program is the latest of SunShot’s efforts to fund early-stage research and development designed to make solar one of the most cost-efficient energy sources in the nation.

SunShot Technology to Market 3: Incubator 12, SolarMat 5
Supporting entrepreneurs and small businesses in early-stage research to accelerate new technologies – 20 projects, $25.7 million

T2M3 selects solar energy technologies and focuses on research to address early-stage, pre-commercial risk reduction. To maintain solar energy’s current growth trajectory, the industry needs a wide variety of products and services that can increase system values while reducing costs, increase consumer access to solar, and facilitate solar grid integration. Despite solar’s rapid growth, the challenge remains for small businesses to find funding for early-stage, transformative technology research and development. Businesses that receive funding under this program will perform the early-stage research to bring their technologies to a proof point where they are ready for private sector follow-on support.



Source: Company Press Release