DOE to Invest $12 Million to Support Early-Stage Solar Technologies
January 27, 2010
DOE announced on January 20 that its National Renewable Energy Laboratory (NREL) will invest up to $12 million in four companies to support the development of early-stage solar energy technologies and help them advance to full commercial scale. The funds include $10 million from the American Recovery and Reinvestment Act, which is providing a total of more than $117 million to develop and deploy solar energy technologies. The goal is to further expand the clean energy economy and make solar energy more cost-competitive with conventional forms of electricity.
Companies awarded under DOE's Photovoltaic Incubator Program will work with NREL to transition prototype and pre-commercial photovoltaic (PV) technologies into pilot-scale and full-scale manufacturing. The partnership projects announced today include: Alta Devices, Inc., which will develop an innovative high-efficiency and low-cost solar module, with market entry expected in 2011; Solar Junction Corp., which will develop a manufacturing process to produce a very high efficiency, multi-junction solar cell for concentrating PV (CPV) systems; Tetra Sun, which will explore back-surface passivation for high efficiency crystalline silicon solar cells; and Semprius, Inc., which will study a massively parallel, microcell-based CPV receiver. See the DOE press release.