Tuesday, August 2, 2011

Department of Energy to Invest $50 Million to Advance Domestic Solar Manufacturing Market, Achieve SunShot Goal


U.S. Energy Secretary Steven Chu today announced a $50 million investment over two years for the SUNPATH program, aimed to help the nation reclaim its competitive edge in solar manufacturing. SUNPATH, which stands for Scaling Up Nascent PV At Home, represents the second solar Photovoltaic Manufacturing Initiative (PVMI) supporting the Department of Energy's SunShot Initiative.
"This investment provides a necessary boost to domestic solar manufacturing businesses, encouraging them to keep jobs here and establish America's leadership in the world's growing clean energy economy," said Secretary Chu. "In addition to invigorating clean energy manufacturing, this program will help achieve the SunShot goal of making unsubsidized utility-scale solar cost-competitive with other forms of energy by the end of the decade."
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