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

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The US Department of Energy has selected 13 projects for investment of up to $62 million over five years to research, develop, and demonstrate Concentrating Solar Power (CSP) systems capable of providing low-cost electrical power. These selections include: Abengoa Solar, Inc. Lakewood, CO – up to $10.6 million.

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

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To date, the TCF has funded more than 380 projects by unlocking more than $170 million in funding from more than 300 private sector partners, including automotive manufacturers, energy storage companies, utilities, bioenergy companies, solar providers, and aerospace companies. Northrup Grumman Corporation (Elkton, Maryland).