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US Energy Dept funding Concentrated Solar Power (CSP) research

US Energy Department to fund CSP research Renewable Energy Focus 08 October 2014 DoE allocates $25 Million to support research and development of concentrating solar power.

The US Energy Department has announced $25 million in funding to advance concentrating solar power (CSP) system technologies. This investment will fund research and development projects to improve the performance and increase the efficiency of all components of CSP plants, ultimately lowering the cost of solar electricity.

“Investments to improve the efficiency and lower the costs of concentrating solar power technologies enhance our ability to deliver affordable solar-generated electricity to American families and businesses, while also moving us closer to achieving President Obama’s goal of doubling renewable energy generation again by the end of the decade,” said David Danielson, Assistant Secretary for Energy Efficiency and Renewable Energy.

This funding opportunity builds on the success of past DoE investments in solar energy technologies and will fund transformative projects for all types of CSP systems to enable cost-competitive CSP electric power generation. It targets R&D in technologies with the potential for much lower cost, higher efficiency, and more reliable performance than existing commercial and near-commercial CSP systems. …….http://www.renewableenergyfocus.com/view/40289/us-energy-department-to-fund-csp-research/Renewabl eEnergy Focus

October 11, 2014 - Posted by | renewable, USA

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