U.S. Secretary of Energy Rick Perry Announces $105 Million in New Funding to Advance Solar Technologies
DOE to focus on early-stage research to improve the affordability, flexibility, and performance of solar technologies on the grid
WASHINGTON, D.C. – Today, U.S. Secretary of Energy Rick Perry announced up to $105.5 million to support America’s continued leadership in energy innovation through solar technology. Under the Department of Energy’s (DOE’s) Solar Energy Technologies Office (SETO), DOE will fund about 70 projects to advance both solar photovoltaic (PV) and concentrating solar thermal power (CSP) technologies, as well as facilitate the secure integration of those technologies into the nation’s electricity grid. Funding will also support efforts that prepare the workforce for the solar industry’s future needs.
“American ingenuity is the engine of our energy economy,” said Secretary Perry. “Investing in all of our abundant energy sources, including solar technologies, will help to drive down costs and ensure that the nation leads the world in energy production and innovation.”
This funding opportunity announcement (FOA) will further the Administration’s goals to drive economic and technological leadership in solar energy by supporting innovative research that improves energy choice and affordability. These research projects will address the earliest stages of technology development, enable significant improvements to the current fleet of solar technologies, and maintain U.S. leadership in solar energy.
The 2018 SETO FOA will combine all of SETO’s technology areas into one request. By creating a more streamlined and consolidated funding strategy, DOE seeks to accelerate the cycles of learning in solar research and reduce government overhead costs.
The funding program will focus on four main areas:
TOPIC 1: Advanced Solar Systems Integration Technologies (up to $46 million, ~14 projects)
TOPIC 2: Concentrating Solar Power (CSP) Research and Development (up to $24 million, ~21 projects)
TOPIC 3: Photovoltaics Research and Development (up to $27 million, ~28 projects)
TOPIC 4: Improving and Expanding the Solar Industry through Workforce Initiatives (up to $8.5 million, ~4 projects)
Within each of the technology areas, DOE will fund projects that develop and test new ways to accelerate the integration of emerging technologies into the solar industry value chain and expand private sector engagement supporting energy innovation, especially those related to financing and commercialization.
Sign up HERE to learn more about this funding opportunity at an upcoming webinar.
For more information on the Solar Energy Technologies Office, visit their website HERE.