US Department of Energy plans to invest 60 million U.S. dollars to build Concentrator Photovoltaic Technology Institute

US Secretary of Energy Zhu Xiwen recently revealed that the US Department of Energy (DOE) will invest 60 million U.S. dollars to build a CSP technology research institute within three years. The investment is part of the Department of Energy’s SunShot program, which aims to reduce solar energy costs by 75%, making it more cost-effective than other energy forms by the end of 2020.

This technology, which the Department of Energy plans to invest in, has the potential to increase efficiency and reduce costs, and is more reliable than contemporary commercial and similar commercial CSP equipment. It is estimated that government departments will provide financial support for 20-22 projects in industrial, university and national laboratories.

Minister Zhu Xiwen said: “Our country will work with all mankind to produce low-cost renewable energy, while creating jobs, reducing our dependence on fossil fuels and reducing carbon emissions. SunShot’s announced plans today will help fund solar energy. The enormous potential has been released, enriching our energy structure, creating more clean energy jobs and revitalizing American leaders in this fast-growing industry."

Overall, this SunShotCSP funding helps develop new concepts that enable performance breakthroughs such as increased efficiency and temperature adaptation while also providing collectors, receivers, and power cycling equipment in CSP equipment. Provide new methods.