The Department of Energy has estimated that BIPV technology could
potentially generate 50% of the electrical needs of the U.S. and other
developed countries, and the DOE’s Solar America Initiative has set the
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goal of making solar cost-competitive with grid electricity by 2015.
In this continuing effort the Department of Energy just announced the selection of 24 new solar projects
to advance photovoltaic technology research, development, and design,
ultimately lowering the cost of photovoltaic generation. The
competitively-selected projects will be eligible for up to $22 million
from the President’s American Recovery and Reinvestment Act and will be
matched by more than $50 million in cost shared funding from private
partners.
Many of the projects selected focus on improving the effectiveness of the materials used to capture the sun’s rays.
