The United States Department of Energy has recently invested significant funding and effort towards the solar industry. It has enacted a series of initiatives and programs to help support this growing and imperative field. One major agenda is the Photovoltaic Technology Pre-Incubator: in 2008, the DOE announced $17.6 million that would be awarded to six early stage PV developers across the country. This funding is part of the 2009 American Recovery and Reinvestment Act.
“The goals of the project include promoting grid parity for PV technologies, transitioning innovative PV technologies into the prototype stage, and developing prototype PV concepts with manufacturing costs of less than $1/watt.” – DOE website
Another primary program is the Photovoltaic Technology Incubator project, which preceded the pre-incubator agenda. Both of these initiatives sponsor and encourage the development of new technologies within the photovoltaic realm.
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