DOE Awards Nearly $40 Million for Grid Decarbonizing Solar Technologies

The following information was derived from the Department of Energy (energy.gov): "WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today awarded nearly $40 million to 40 projects that are advancing the next generation of solar, storage, and industrial technologies necessary for achieving the Biden-Harris administration’s climate goal of 100% clean electricity by 2035. Specifically, the projects will reduce the cost of solar technologies by increasing the lifespan of photovoltaic (PV) systems from 30 to 50 years, developing technologies that will enable solar to be used in fuel and chemicals production, and advancing novel storage technologies." There were 40 project that were announced today. They focus on concentrating solar-thermal power (CSP) and PV. PV technologies directly convert sunlight into electricity, while CSP captures heat from sunlight and uses that thermal energy. The projects will focus on:

• Photovoltaic research

• Concentrating solar-thermal power research

• Pumped thermal energy storage

• PV and CSP research advancement

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