Energy Department Announces $46.2 Million for 48 Projects to Advance Solar Power Technologies

Energy Department Announces $46.2 Million for 48 Projects to Advance Solar Power Technologies

The following press release was published by the U.S. Dept. of Energy, Office of Energy Efficiency & Renewable Energy on July 12, 2017. It is reproduced in full below.

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. View the full list of awardees HERE.

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. View the full list of awardees HERE.

Source: U.S. Dept. of Energy, Office of Energy Efficiency & Renewable Energy

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