Energy Department Announces $18 Million to Develop Solar Energy Storage Solutions, Boost Grid Resiliency
January 19, 2016
WASHINGTON, D.C. – As part of the Energy Department’s Grid Modernization Initiative announced by Secretary Ernest Moniz last week to improve the resiliency, reliability and security of the nation’s electrical power grid, DOE today announced $18 million in funding for six new projects across the United States. These projects will enable the development and demonstration of integrated, scalable, and cost-effective solar technologies that incorporate energy storage to power American homes after the sun sets or when clouds are overhead.
Solutions for modernizing the grid and enhancing storage will be developed as part of the Department’s Grid Modernization Initiative under the SunShot Initiative. These efforts will dramatically increase solar-generated electricity that can be dispatched at any time – day or night – to meet consumer electricity needs while ensuring the reliability of the nation’s electricity grid. The projects announced today will aim to create an affordable pathway toward the efficient and sustainable integration of solar energy on the nation’s electrical grid in much larger amounts than currently possible.