Wednesday, December 18, 2013

US DOE Invests $13 Million into US Solar Manufacturing

SunShot / U,S. Department of Energy
The US Department of Energy last week awarded $13 million for five solar projects aimed at strengthening domestic solar manufacturing and speeding the commercialization of even more efficient, and even more affordable photovoltaic and concentrating solar power technologies.  The $13 million in awards comes from the DOE’s SunShot Initiative, and they are aimed at increasing US competitiveness in the global clean energy market, a fast-growing, multi-trillion-dollar market.

Electricity from solar, wind, and geothermal more than doubled in Obama’s first term. Obama recebtly set a goal of doubling renewable electricity generation yet again by 2020. These new SunShot awards are aimed at helping that along, and they are boosted by over $14 million in additional private investment.

US DOE Invests $13 Million into US Solar Manufacturing

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