The U.S. Department of Energy has announced an allocation of 128 million for solar energy generation and storage technologies. It is reported that the state intends to finance 75 projects. New developments will reduce energy costs and simplify the maintenance of the energy sector. Officials expect to reduce bureaucratic pressure on the energy sector and increase resistance to cyber-attacks. New systems should improve the reliability of power generation.

U.S. Secretary of Energy Rick Perry says the administration is committed to innovating in the energy sector and has been proving its commitment for the third year in a row. According to the secretary, the Ministry of Energy is developing a whole range of activities that can significantly reduce electricity prices. It will improve the welfare of every American. Along with this, the fault tolerance and overall reliability of power systems will increase. It is crucial because the whole state of the network must continuously improve.

Investments will affect 22 states. In general, innovations will affect P.V. energy and the concentration of solar thermal energy. New technologies and improved equipment can help bring the U.S. Department of Energy plan to life. The vector of research and improvement aimed at several areas:

  • Photovoltaics Research and Development. Photovoltaic cells for storing solar energy are expensive. It complicates the process of purchasing equipment for private homes and enterprises. Thanks to the financing of 21 target projects, it is planned to halve the price of solar cells. Thanks to a $23.6 million investment, engineers will be able to conduct research and improve the performance of solar cells, while reducing overall manufacturing costs. It is also planned to increase the reliability and fault tolerance of photocells, system modules, and general designs;
  • Concentrating Solar Power Research and Development. Over $30 million aimed at supporting and developing 13 projects. The main goal is to improve energy storage technology and reduce production costs. New solar panels and storage systems should provide an uninterrupted supply of electricity, regardless of the season. The development of high-capacity panels will reduce the cost of kWh and improve production technology. The main task of the Ministry of Electricity is to finance the best projects that can bring innovation to the developing renewable energy sector.
  • Balance of Systems Soft Cost Reduction. In addition to spending on the purchase, maintenance, and installation, Americans are faced with the problems of bureaucracy. Regulatory and financial burdens reduce efficiency when commissioning power plants. The new $17.6 million investment initiative will affect 19 projects. It will help minimize bureaucratic pressure on companies and individuals. Thanks to new developments, the process of legal settlement and installation can be reduced.
  • Innovations in Manufacturing: Hardware Incubator. Many projects go to the payback stage for a long time. About $6.8 million will help stimulate seven research projects in this area. Investments are aimed at reducing the commissioning of power plants — also, the general vector of work aimed at reducing the costs associated with the installation. The main focus is on strengthening solar energy in the United States. The Department of Energy is counting on a planned increase in performance over the coming years.
  • Advanced Solar Systems Integration Technologies. This initiative aims to support integration and early products. Lower energy costs will help companies develop ideas and translate them into reality. $50 million for 15 projects will be able to help improve equipment resiliency. Now companies will be protected from cyber-attacks and will be able to control inverters. Increased security means better customer support and an uninterrupted power supply.