The Department of Energy Announces $200 Million for Solar and Water Power:
"Funding Seeks to Accelerate the Development of Solar and Water Power Technologies Throughout U.S.
By Hilary Stingley
Friday, April 23rd, 2010
Coinciding with the 40th anniversary of Earth Day, U.S. Department of Energy Secretary Steven Chu announced that the DOE will invest more than $200 million over five years in order to expand and accelerate the development, commercialization, and use of solar and water power technologies across the United States.
The funding will create American manufacturing jobs and a workforce with the required technical training to speed the implementation of renewable technologies.
The investments allot money to various sectors of the renewable energy industry.
The Photovoltaic Manufacturing initiative will receive up to $125 million over the next five years, to be put towards manufacturing-focused research projects that will have near and mid-term impact on the U.S. solar industry."
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