Can you build a better car for $175 million? The U.S. Department of Energy hopes so, and Secretary Steven Chu has announced that the DOE will award more than that amount over the next three to five years to accelerate the development and deployment of advanced vehicle technologies. The funds will be distributed to 40 projects in 15 states with the overall goal is to improve the fuel efficiency of next-generation vehicles.
Over the course of the next two years, the U.S. Department of Energy (DOE) will invest $50 million into its SUNPATH (Scaling Up Nascent Photovoltaic At Home) program. The DOE says this multi-million investment is to assist the U.S. in reclaiming its competitive edge in solar manufacturing. SUNPATH is the second phase of the Photovoltaic Manufacturing Initiative (PVMI), which, in turn, is part of the DOE's SunShot Initiative. Got all that?