DOE announces $9mn in investment in solar power development

By: Power Engineering |

The U.S. Department of Energy has announced it is investing $9 million in research to accelerate solar energy deployment and help create further reductions in solar energy costs. The investment is part of President Barack Obama’s administration’s SunShot Initiative.

The SunShot Initiative is a collaborative national effort to make solar energy cost competitive with other forms of energy by the end of the decade.

The department plans to use the investment to help scientists, project developers, system installers and communities work together to discover new ways to reduce costs, increase solar cell efficiency and streamline the installation process of solar energy systems.

DOE announces $9mn in investment in solar power development