25. January 2016 · Comments Off on DOE awards $18 million for solar-plus-storage projects · Categories: News · Tags: , , , ,

Solar plus storage got a big boost this week with $18 million in SunShot Initiative grants from the Department of Energy.While SunShot is striding briskly toward its goal of getting the cost of installed rooftop solar down to $1 per watt or 6 cents per kilowatt hour, the DOE is taking it one step farther now. Its new SHINES program, short for Sustainable and Holistic Integration of Energy Storage and Solar PV, has a price target of 14 cents per kilowatt hour. That’s for fully integrated solar and storage solutions.

Source: DOE awards $18 million for solar-plus-storage projects