The University of Colorado is the recipient of a $450,000 grant from the U.S. Department of Energy to establish a research team to investigate solar technological innovations.
In total, the Department of Energy has selected five such projects across the country for a total investment of $3.5 million in solar research.
For its part, the team from the University of Colorado will be working on researching “high-temperature inexpensive materials for concentrating solar power technologies,” according to information released by the Department of Energy yesterday. The Oak Ridge National Laboratory will serve as the CU team’s research site.
Energy Secretary Steven Chu said the investments are part of President Obama’s initiative to increase clean, renewable energy sources. Described as an “all-of-the-above” strategy, the Obama administration has focused heavily on solar and wind technology as a means to diversify the United States’ mix and increase sustainability.
“This past decade has seen explosive growth in the global solar energy market. American companies are helping to lead this dramatic progress – driving lower costs and introducing new, better performing technologies into the marketplace,” said Chu in a statement.