U.S. Energy Department announces $25 Million to lower cost of CSP

This investment will fund research and development (R&D) projects to improve the performance and increase the efficiency of all components of CSP plants.

In a statement released by the U.S. Energy Department on October 1st, David Danielson, Assistant Secretary for Energy Efficiency and Renewable Energy says that: "Investments to improve the efficiency and lower the costs of concentrating solar power technologies enhance our ability to deliver affordable solar-generated electricity to American families and businesses”. 

It also indicates that key components targeted for advancements include solar collectors, receivers, thermal energy storage systems, heat transfer fluids, and other technologies that will lower operations and maintenance costs or achieve system-wide cost efficiencies.

To find more information about this funding opportunity, including application requirements, visit this link: http://energy.gov/eere/sunshot/funding-opportunity-announcement-concentr...