
WASHINGTON, Dec. 10 (UPI) -- The U.S. Energy Department announced it was investing $29 million in solar developments to help advance the industry's growth potential.
As part of a federal effort dubbed the SunShot Initiative, the Energy Department said it was investing in plug-and-play technology and solar forecasting to help advance the solar energy sector in the United States.
"The price of solar panels has fallen dramatically in recent years but we also need to reduce the cost and time required to actually install them in homes and businesses, and help utility companies better integrate renewable energy into the grid." Energy Secretary Steven Chu said in a statement.
The plug-and-play investment targets programs that could help operators purchase, install and operate photovoltaic systems in one day. Forecasting investments would help utility and grid operators determine "when, where and how much solar power will be produced at U.S. solar energy plants," the department said.
Efforts to advance solar power in the United States are controversial. Leaders in the House of Representatives have taken issue with a $535 million federal loan guarantee offered to solar panel company Solyndra, which filed for bankruptcy protection in 2010.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
|
TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption