DOE Funding $50 Million In Solar Technology Research

U.S. Energy Secretary Steven Chu has announced the Department of Energy's (DOE) intent to fund up to $50 million to test and demonstrate what the DOE identifies as ‘innovative technologies that will lead to cost-competitive solar energy technologies.’

The demonstration program will be a critical link between the DOE's advanced technology development programs and full-scale commercialization efforts, according to the DOE. The Nevada National Security Site will serve as a proving ground for technologies such as concentrating solar power and concentrating photovoltaics.

The DOE expects to announce the Funding Opportunity Announcement early next year. The demonstration projects, as part of the Solar Demonstration Zone, will be deployed at a large enough scale to provide useful operating and economic data for the eventual deployment of solar energy projects at utility-scale, the DOE adds.

SOURCE: U.S. Department of Energy

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