DOE Awards $53M to Cut Solar Cost

energymanagertoday.com - October 24th 2014

The US Department of Energy (DOE) is investing more than $53 million for 40 research and development projects to drive down the cost of solar energy, addressing key aspects of technology development in order to bring innovative ideas to the market more quickly. These awards upport the development of next-generation PV solar technologies and advanced manufacturing processes and address both hardware and non-hardware “soft” costs of solar installation.

DOE is awarding more than $14 million to 10 research institutions to improve the performance, efficiency and durability of solar PV devices.

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