Jessica Lillian, 14 June 2012 (Solar Industry)
“With PV module prices plunging, the U.S. Department of Energy (DOE) has unveiled new strategies for tackling a more stubborn piece of the solar cost equation: the expenses associated with permitting, financing and installing systems…In addition to providing nearly $8 million in new funding to nine U.S. start-ups focusing on cost reduction, the DOE is also launching the ‘America's Most Affordable Rooftop Solar’ competition…[all aimed at making] solar energy cost-competitive with conventional energy by 2020. “…[Grants:] Clean Energy Experts LLC - $495,040…Clean Power Finance - $500,000 (first award)…Clean Power Finance - $1 million (second award)…concept3D Inc. - $1,275,791…Distributed Energy Research & Solutions Inc. - $500,000…Genability - $500,000…Simply Civic LLC - $499,510…Solar Mosaic Berkeley - $2 million…Tigo Energy Inc. - $500,000…Urban Glue - $402,050…”
click to enlarge“Previous SunShot Incubator recipients have attracted follow-on investment at a ratio of $30 in private investment for every $1 of government funding, the DOE notes in the funding announcement… “R&D will continue to be technology-agnostic…despite the belief among some in the industry that the U.S. may ultimately be globally competitive in manufacturing only thin-film PV products and not crystalline cells and modules.”
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