Energy department announces $46.2 million for early-stage solar technology projects

Published on July 14, 2017 by Daily Energy Insider Reports

The U.S. Department of Energy (DOE) announced Wednesday $46.2 million for 48 projects involving early-stage solar technologies as part of its SunShot initiative.

The awards support two SunShot programs. Photovoltaics Research and Development 2: Modules and Systems (PVRD2) advances research in solar photovoltaic technology, and Technology to Market 3 (T2M3) supports early-stage solar technology research.

“The SunShot Initiative is a proven driver of solar energy innovation,” SunShot Initiative Director Charlie Gay said. “These projects ensure there’s a pipeline of knowledge, human resources, transformative technology solutions, and research to support the industry.”

Cost share requirements will result in additional private sector funding, bringing total public and private investment to nearly $65 million. The funds are cooperative agreements that include considerable federal oversight and consist of go/no go technical benchmarks.

Of the $46.2 million, $20.5 million will be awarded to 28 PVDR2 projects that focus on module design, high-risk emerging research and technology facilitating rapid installation as well as other research areas. Academic institutions lead approximately 80 percent of the projects.

Additionally, $25.7 million will be awarded to T2M3 projects to help small businesses and entrepreneurs bring their technologies to a proof point at which they can secure private funding.