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US DOE Awarding Up To $62M for Concentrating Solar Power Research and Development

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The energy is stored through a chemical reaction, which potentially allows the energy to be stored for a much longer period of time. The ability to store the heat captured by a CSP system during the day and continue running the power plant at night or when it’s cloudy makes solar power plants more reliable. SkyFuel, Inc.

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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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The US Department of Energy (DOE) announced more than $30 million in federal funding, matched by more than $35 million in private sector funds, for 68 projects that will accelerate the commercialization of promising energy technologies—ranging from clean energy and advanced manufacturing, to building efficiency and next-generation materials.