24 May '11, 4pm

Stanford, Funded by DOE, Shooting for $0.50-per-Watt PV Modules

Stanford, Funded by DOE, Shooting for $0.50-per-Watt PV Modules

photo by Steve Jurvetson, creative commons As part of the new SunShot Initiative , seeking to reduce the cost of solar power 75 percent by the decade's end, the U.S. Department of Energy awarded $25 million to SVTC Technologies and $25 million to the Bay Area PV Consortium, a project managed by Stanford University and UC Berkeley. The program is targeting an installed cost of $1 per watt, which corresponds to roughly 6 cents per kilowatt-hour. The consortium will use the funding to develop materials and manufacturing processes that can drive down the cost of producing photovoltaic modules. Meanwhile, SVTC, a spin-off from Cypress Semiconductor, will create a facility that will perform pilot production services for solar startup companies. The Consortium includes the SLAC National Accelerator Laboratory, Lawrence Berkeley National Laboratory and NREL. Sixteen companies have...

Full article: http://www.greentechmedia.com/articles/read/stanford-univ...

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