On the 40th Anniversary of Earth Day, U.S. Department of Energy Secretary Steven Chu announced that the Department will invest more than $200 million over five years to expand and accelerate the development, commercialization, and use of solar and water power technologies throughout the United States.

DOEWASHINGTON, D.C. – On the 40th Anniversary of Earth Day, U.S. Department of Energy Secretary Steven Chu announced that the Department will invest more than $200 million over five years to expand and accelerate the development, commercialization, and use of solar and water power technologies throughout the United States. This funding underscores the Administration’s commitment to foster a robust clean-energy sector in the United States – that will create American manufacturing jobs and a workforce with the required technical training to speed the implementation of cutting-edge technologies. Today’s announcement represents a down payment that will help the solar and water power industries overcome technical barriers, demonstrate new technologies, and provide support for clean energy jobs for years to come.

“Expanding the U.S. clean-energy manufacturing base is an important part of the Administration’s goals to diversify electricity supply options, increase national security, and accelerate green jobs development,” said Secretary Chu. “These investments will help strengthen American competitiveness in renewable energy and transform the U.S. into a lasting manufacturing presence in the 21st century clean-energy economy.”

Today’s investments include:

Photovoltaic Manufacturing Initiative – up to $125 million over five years

Photovoltaic Supply Chain Development – up to $40 million over three years

National Administrator of the Solar Instructor Training Network – up to $4.5 million over five years

Marine and Hydrokinetic Technologies (MHK) – up to $39 million over four years

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Source: Department of Energy
Photo: Department of Energy