U.S. invests in solar photovoltaic project
WASHINGTON, Sep 29, 2008 -- UPI
The U.S. Department of Energy says it intends to invest up to $17.6 million
for six early stage solar photovoltaic module incubator projects.
Department officials said the projects will focus on the initial
manufacturing of advanced solar PV technologies. Including the cost share
from industry, which will be at least 20 percent, the Energy Department said
the total research investment is expected to reach $35.4 million.
"These projects support President Bush's Solar America Initiative, which
aims to make solar energy cost-competitive with conventional forms of
electricity by 2015," the department said in a statement. "Increasing the
use of alternative and clean energy technologies such as solar energy is
critical to diversifying the nation's energy sources to reduce greenhouse
gas emissions and dependence on foreign oil."
The 18-month project awards went to 1366 Technologies of Lexington, Mass.;
Innovalight Inc. of Sunnyvale, Calif.; Skyline Solar Inc. of Mountain View,
Calif.; Solasta Inc. of Newton, Mass.; Solexel of Milpitas, Calif.; and
Spire Semiconductor of Hudson, N.H.
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