DOE takes aim at solar costs

Energy Secretary Ernest Moniz

Energy Secretary Ernest Moniz

The US Energy Department will make available $25m in new funding to support innovative projects that accelerate the commercialization of efficient, affordable PV and concentrated solar power technologies.

This, in turn, will further lower the cost of solar electricity, support a growing US solar workforce and increase the country’s competitiveness in the global clean energy market.

DOE says the funding opportunity is part of its SunShot Initiative, which aims to make solar energy fully cost-competitive with traditional sources of energy by 2020.

Specifically, the funding will tackle key cost-contributors across the hardware supply chain and make improvements in a broad range of manufacturing processes that save time and money.

Eligible projects may include developing advanced technology that lowers domestic solar manufacturing costs, and developing and demonstrating components, or new Log in to read complete article.

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