Monday, March 17, 2008

Solar Energy To Become Cost Effective

In a move to make solar energy more cost competitive, the US Department of Energy (DOE) recently announced that they will invest up to $13.7 million over the next 3 years. Eleven technology led projects will focus on developing advanced solar photovoltaic (PV) technology manufacturing processes and products.

A further 20% of costs will be shared with industry and universities making a combined investment of over $17 million.

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