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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.

Solar 240
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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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Northrup Grumman Corporation (Elkton, Maryland). Microsoft Corporation (Redmond, Washington). Energy Storing Efficient HVAC, $595,558. Eaton Corporation (Menomonee Falls, Wisconsin). Mesofluidic Inline Separation for Produced Water Treatment, $246,979. Alkaline Water Electrolysis, $100,000. First Solar Inc.