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Solar and Water Power Technologies Getting a $200 Million Boost By SGN Staff Apr 23, 2010 - 12:52:01 PM
The Energy Department will invest over $200 million to expand and speed up development, commercialization and adoption of solar and water power technologies throughout the country. Those investments include:
· Up to $125 million for photovoltaic manufacturing
· Up to $40 million for photovoltaic supply chain development
· Up to $4.5 million for a national administrator (an organization) to act as central coordinator for the Solar Instructor Training Network
· Up to $39 million for marine and hydrokinetic technologies
The DOE money is expected to help solar and water power industries deal with technical challenges, demonstrate new technologies and support clean energy jobs.
Quick Take: While the economy appears to be crawling out of its sinkhole, the technologies that are helping to create the Smart Grid can still certainly use a helping hand financially. The infusion of more DOE money may also help lure leery investors back into the fold.
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Smart Grid Newsletter (SGN) is the insider's guide to the Smart Grid revolution. It consists of a FREE bi-monthly email summary, along with a companion Web site that contains the full stories and other helpful materials. Benefits of subscribing: SGN is the only central source for all of the news, trends, research and marketplace information relevant to grid automation. In it, you will read about cutting edge technologies; successful pioneers and how they got ahead; regulatory changes that could unleash new markets; the latest research; and new opportunities for sales of grid-related products and services. © Copyright 2009 SmartGridNews.com |