SunShot initiative investment and solar competition announced

DOE's SunShot initiative is a new competition and investment so that easier and less expensive to solar energy technologies to provide it.
Credit card: Craig Miller Productions

In the context of the initiative announced the Department of energy SunShot the Department on June 13 one new competition and investment to it easier and less expensive to solar energy technologies to deploy. The Department "Americas Best rooftop solar" competition starts to aggressively drive the cost of solar panels on the roof. It is also providing almost 8 million $ on nine small businesses, reduce the cost of financing, with a beautiful and other "soft costs", the almost half of the cost of residential solar systems can make. To promote the use of low-cost residential and small commercial roof solar systems across the nation, the Department of America at the most affordable rooftop solar launches competition us quickly to challenge reduction in the cost of installed roof photovoltaic (PV) systems team. The contest offers prize money $10 million total for the first three U.S. teams, which can install solar PV systems at an average price of $2 per watt 5,000 roof. The competition is to set by an ambitious goal, to make affordable helical creative public private partnerships, original business models and innovative approaches for solar energy for millions of families and businesses. Find America's most affordable rooftop solar competition Web site.

The Energy Department to support incubator program awards up to $8 million to nine highly innovative start-ups in four States by the SunShot. These companies in California, Colorado, Massachusetts, Minnesota, develop transformative solutions to optimize the solar system processes such as financing, approval and control. See the list of projects.

A national joint effort to solar power cost is the SunShot initiative until the end of the decade with other energies to make competitive. "Moon Shot" program, to put the first man on the Moon inspired by President Kennedy, SunShot has created initiative provides new impulses for the solar industry, by the need for American competitiveness in the clean energy race. See the DOE press release and the SunShot initiative Web site.

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