in ,

DOE Funds R&D Projects on Photovoltaic, Solar-Thermal Technologies

DOE Funds R&D Projects on Photovoltaic, Solar-Thermal Technologies - top government contractors - best government contracting event

Forty solar technology-focused projects were awarded Department of Energy grants worth almost $40 million in total to support research and development initiatives that can provide power for fuel and chemicals production purposes.

The projects will center on photovoltaic systems that transform direct sunlight into electricity and will concentrate solar-thermal power platforms that turn solar energy into heat, DOE said Tuesday.

Teams led by various universities and private industry members across the U.S. will conduct PV and CSP research, pumped thermal energy storage development and test novel solar technology concepts.

DOE expects the efforts to increase the operating life of PV systems from three to five decades.

“We are laser-focused on deploying more solar power and developing more cost-effective technologies to decarbonize our electricity system,” said Energy Secretary Jennifer Granholm.

The projects are in line with the Biden administration’s goals of achieving 100 percent clean electricity by 2035.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Contract Awards

New IARPA Program to Develop Tech for Measuring Ionizing Radiation Exposure - top government contractors - best government contracting event

New IARPA Program to Develop Tech for Measuring Ionizing Radiation Exposure

Palo Alto Networks Report: Remote Work Has Made IoT Security More Challenging for Organizations - top government contractors - best government contracting event

Palo Alto Networks Report: Remote Work Has Made IoT Security More Challenging for Organizations