Vistra agrees USD 3.25bn buyout of zero-carbon energy unit
Sep 19, 2024 11:01 CESTThe US Department of Energy (DOE) has recently announced USD 40 million (EUR 36m) in funding for the solar energy supply chain.
The investment includes USD 16 million, half of which from the Bipartisan Infrastructure Law, for four research and development projects that aim to increase solar system lifetime and to facilitate material recovery. The selected projects are led by Case Western Reserve University, kWh Analytics, University of North Carolina at Charlotte, and Electric Power Research Institute.
In addition, DOE last week announced the upcoming USD-3-million American-Made Promoting Registration of Inverters and Modules with Ecolabel (PRIME) Prize, as well as two finalists of the latest round of American-Made Solar Prize programme. Fram Energy and Gritt Robotics received USD 500,000 each for innovations tackling challenges to the rapid deployment of equitable solar energy.
Furthermore, DOE issued a notice of intent for the provision of up to USD 20 million in funding for research, development and demonstration projects that advance solar module technologies and de-risk solar hardware.
(USD 1 = EUR 0.902)
Vistra agrees USD 3.25bn buyout of zero-carbon energy unit
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