DOE Invests $24 million in New Solar Energy Grid Integration Systems (SEGIS)

Sandia National Laboratories has been chosen as project manager of a new Department of Energy renewable energy program called Solar Energy Grid Integration Systems (SEGIS). The project will involve 12 industry teams from around the country. DOE will invest up to $24 million in FY08 and beyond on the project, depending on the availability of funds. The program will provide critical research and development funding to develop less expensive, higher performing products to enhance the value of solar photovoltaics (PV) systems to homeowners, business owners, and the nation’s electric utilities. These projects are part of President Bush’s Solar America Initiative, which aims to make solar energy cost-competitive with conventional forms of electricity by 2015. “We are pleased to have the opportunity to lead this large effort that... [read full story]