UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

U.S. sinking millions into clean energy

|
 
U.S. President Barack Obama looks at solar panels as he tours the Solyndra solar panel company with Solyndra executive vice president Ben Bierman (R) in Fremont, California on May 26, 2010. UPI/Paul Chinn/Pool
U.S. President Barack Obama looks at solar panels as he tours the Solyndra solar panel company with Solyndra executive vice president Ben Bierman (R) in Fremont, California on May 26, 2010. UPI/Paul Chinn/Pool 
License photo
Published: Sept. 9, 2011 at 8:53 AM

WASHINGTON, Sept. 9 (UPI) -- The U.S. Department of Energy said it was investing more than $230 million in projects ranging from geothermal energy to wind energy systems.

U.S. Energy Secretary Steven Chu announced that 32 projects in 14 states would share $38 million over the next three years to develop geothermal energy technologies.

The International Energy Agency this summer recommended that governments introduce incentives that would encourage the commercial development of geothermal technologies and payments to third parties that introduce alternative energy to the grid.

Another $150 million in loan guarantees was awarded to Massachusetts solar energy company 1366 Technologies Inc. to develop a silicon-based wafer that Chu said could significantly reduce the costs of solar manufacturing.

Twenty states will share $43 million over the next five years to develop 41 wind energy systems, the Energy Department said.

"Through these awards, the Department of Energy is developing the critical technology and knowledge base necessary to responsibly develop this resource, enhance our energy security and create new clean energy jobs," Chu said.

U.S. President Barack Obama outlined a goal of generating 80 percent of the nation's electricity through clean energy resources by 2035.

Topics: Steven Chu
Recommended Stories
© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
Immigration rally in Washington, D.C. MTV Movie Awards Cherry Blossoms in Washington, D.C.
Miss NY USA crowns ASPCA King and Queen Academy of American Country Music Awards 2013: Celebrity break ups and divorces
Additional Energy Resources Stories
1 of 20
Prince Harry arrives on Capitol Hill in Washington
View Caption
Prince Harry arrives on Capitol Hill to tour a photography exhibit by HALO Trust, a British nonprofit focused on removing hazardous war debris, including un-exploded devices and landmines, on May 9, 2013 in Washington, D.C. UPI/Kevin Dietsch
fark
School dedicates a portion of its website to a student who just died. Fark: And that's how the parents...
A man probably had a brief moment of joy when he gave the slip to the sheriff's deputy chasing him....
Giant 50-foot magnet makes cross-country trek, as well as quite an attraction
Florida restaurant pulls controversial lion tacos off the menu after huge uproar
Photoshop this red army
Celebrities without teeth. Yes, it is a slideshow. Yes, subby is going to floss now