October 25, 2013
The U.S. Department of Energy's SunShot Initiative granted Arizona State University a total of $5 million to be used in solar research. The university will receive close to $3.5 million for solar cell devices and around $1.4 million to develop more reliable solar components. The SunShot Initiative is a national effort to make solar energy cost-competitive and more efficient.
"The tremendous growth in the U.S. solar industry over the past few years is helping to pave the way to a cleaner, more sustainable energy future that protects our air and water and provides affordable clean energy to more and more Americans," says Energy Secretary Ernest Moniz. "Responsible development of all of America’s rich energy resources is an important part of President Obama’s Climate Action Plan and will help ensure America’s continued leadership in clean energy innovation."