US DoE funds 40 CSP and also PV study projects
- Forty projects focused on focusing solar-thermal power (CSP) and also solar (PV) technologies have been awarded virtually USD 40 million (EUR 34m) by the United States Department of Energy (DoE).
The projects are focused on expanding the life expectancy of PV systems, establishing technologies to use solar in gas as well as chemicals production and also advancing storage space.
"We are laser focused on releasing extra solar power and creating even more cost-efficient modern technologies to decarbonize our electrical energy system," United States Secretary of Energy Jennifer Granholm, claimed in an announcement on Tuesday.
Thirteen projects will obtain USD 25 million in financing for the growth of technologies that can allow CSP plants to run at extremely high temperatures, which are needed for the manufacturing of gas and also chemicals with solar.
Another three projects have actually been granted a total of USD 4.5 million to aid raise PV life-span from 30 to half a century by allowing easy-to-replace modular elements and far better tracking of systems.
3 projects, granted a total amount of USD 4 million, will create long-duration thermal energy storage space.
The remaining 21 projects are planned to advance PV and CSP study, motivating larger engagement though a streamlined application procedure.
The projects are led by universities and private companies across the United States.
Among the recipients is Dimensional Energy, which has been granted USD 2.7 million to design, develop and also examine a solar-driven chemical activator that can produce sustainable jet fuel. The reactor will convert captured co2 as well as eco-friendly hydrogen into gas at a target price below USD 2 per gallon. The firm will work with the project in partnership with Heliogen.