DOE Announces $113M in Solar Funding

Source: Reuters (4/6/11)

"Grants will support development of advanced solar photovoltaic-related manufacturing at consortiums in California, New York and Florida."

The U.S. Department of Energy said on Tuesday it has selected up to $112.5 over five years in investments to support advanced solar manufacturing.

The money will support development of advanced solar photovoltaic-related manufacturing at consortiums in California, New York and Florida.

The investments are part of the Obama administration's goal of reducing the total costs of photovoltaic solar energy by about 75% to about $1 a watt by the end of the decade so they will not need subsidies to compete.

The administration also hopes to push the country to recapture the lead as the world's top solar technology manufacturer, a position currently held by China.

The U.S. Photovoltaic Manufacturing Consortium in New York and Florida will get $62.5 million to help speed up development and manufacturing of thin film solar technologies. Programs will be developed at both the State University of New York and the University of Central Florida.

A project managed by Stanford University and the University of California, Berkeley to develop and test new materials and fabrication processes, will receive $25 million.

In San Jose, California, SVTC Technologies, LLC a solar developer, will receive $25 million.

Oil & Gas Company to Acquire Hydrogen Tech Firm's Assets
Source: Streetwise Reports (01/26/2021)

Jericho Oil will gain the acquiree's award-winning, patented, zero-emissions Dynamic Combustion Chamber boiler.

High Performance Energy Storage Company Posts 132% Increase in Yearly Revenue
Source: Streetwise Reports (01/24/2021)

Eguana Technologies reported financial and operating results for FY/20 that demonstrated substantial improvements in both revenue and gross margins.

Company Accelerates Development and Deployment of Solar Projects
Source: Streetwise Reports (01/15/2021)

UGE International provided an update on its project and corporate activities during Q4/20.

Ballard Receives Order for Scotland’s First Fuel Cell-Powered Train
Source: Streetwise Reports (01/12/2021)

Shares of Ballard Power Systems traded 18% higher to a new 52-week high after the company reported that it had received an order from Arcola Energy for its FCmove-HD fuel cell modules that will be used to power Scotland's first fuel cell-powered train.

Solar Energy Company Secures Bid to Build Additional 5.4MW DC Community Solar Project
Source: Streetwise Reports (01/06/2021)

UGE International reported that just prior to year-end 2020 it secured a contract to build a new US$9.9 million, 5.4MW DC community solar project in the State of Maine.

This Tiny Tech Stock Is Quietly Building a Huge Business in Air Quality
Source: Matt Badiali for Streetwise Reports (01/05/2021)

Independent financial analyst Matt Badiali discusses how mCloud's technology is making it possible for office buildings to reopen during the pandemic.

Clean Energy Fuels Partners with Total SE to Develop Carbon-Negative RNG Production Facilities
Source: Streetwise Reports (12/22/2020)

Shares of Clean Energy Fuels Corp. traded 23% higher to a new 52-week high price after the company reported it is entering into a $145 million 50-50 joint venture with Total SE of France to develop carbon-negative renewable natural gas production facilities in the U.S.

Company Providing Microgrid Optimization Set for 'Exponential' Revenue Growth
Source: John "Jack" C. Hurley for Streetwise Reports (12/08/2020)

Value investor John "Jack" C. Hurley outlines the value proposition behind technology company CleanSpark.

Shares of SolarWindow Technologies reached a new 52-week high after the company reported it has created the "first-ever" electricity-generating flexible glass using a high-speed manufacturing process.