U.S. Department Of Energy Releases $12 Million In New SunShot Funds

Posted by SI Staff on January 18, 2013 No Comments
Categories : New & Noteworthy

As part of the U.S. Department of Energy's (DOE) SunShot Incubator program, the DOE has made available $12 million in new funding to accelerate solar energy innovation that reduces manufacturing, installation, and permitting costs for U.S. homes, businesses and utilities.

This new funding opportunity expands on previous Solar Incubator rounds to support both hardware efficiency and soft cost reduction goals, while helping companies transition lab-scale ideas to prototype phases or move early-scale projects to commercial launch.

Projects that are focused on solar hardware development and deployment are eligible under the following categories: Up to $500,000 to help speed the transition of a proof-of-concept technology to the early-stage functional prototype stage; up to $1 million to accelerate the transition of an early-stage functional prototype to a full-size prototype that could later be manufactured; and up to $4 million to develop efficient manufacturing processes and equipment to move technology from a full-size prototype to pilot-scale production.

This new round will also support projects that are addressing soft cost reduction goals, in the following categories: Up to $500,000 to accelerate the transition of a proof-of-concept business plan or early stage solutions to early customer trials; and up to $2 million to drive full commercialization of innovative technologies that reduce solar deployment soft costs.

More information is available here.

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