The federal government has announced $1 billion in funding to help expand solariums market to help the nation’s solar power industry.
Solarium is an energy-efficient energy storage system that uses sun-generated energy to produce electricity, but the cost of solarium batteries has not been fully determined.
The Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) announced today that it has awarded a $1,500,000 grant to the University of Texas at Austin to help develop the Solarium battery technology.
“We’re proud to announce that our research into battery storage will help drive the solarium market,” said Energy Secretary Steven Chu.
The government is also announcing an additional $1 million for ARPA-Es work on solarium battery-based technology.
The solarium-based energy storage systems are a relatively new technology.
In 2013, ARPAE awarded a grant to a company called Solarion to develop and commercialize solarium systems for home solar installations.
That company has been working on solar energy storage since 2006, and it is now one of the leading commercial solar energy technologies.
The federal agency is also supporting the commercial development of solar energy systems for use in homes.
“Our goal is to create the first-ever solarium system with the capacity to supply up to 100 percent of the electricity that our homes need to operate and sustain themselves,” said Chu.
“The Department of Defense and ARPA E have been working together to develop an energy storage solution that can store up to 80 percent of a home’s electricity needs for use as part of an energy efficiency program,” Chu added.
“I am confident that solarium can serve as a critical part of the U.S. energy mix.”
Solarium batteries use solar energy to generate electricity.
The batteries are made of solid-state materials, such as copper, zinc, and magnesium, and are designed to last up to 30 years.
The company that made the solar battery technology said it is working with U.N. agencies and other private industry partners to develop the technology.
Solarion said it has already received funding from the U., S., and D.C. governments to help it develop the solar energy battery technology, and the agency has made significant progress.
“This program is a critical first step toward achieving our goal of providing the largest and most reliable solar energy system in the world,” Chu said.
The U.K.-based Solarion will also be developing its own solar energy technology to replace coal-fired power plants with solar energy.
Chu said the government has made substantial progress with the development of energy storage technology, but it is still early days.
“There is still much work to be done to advance this technology,” Chu noted.
The Solarium project has been approved by the National Academies of Sciences, Engineering, and Medicine.
The agency is awarding $1-million grants to the university and a company that has been involved in the research.
The research was funded by the Defense Advanced Research Project Agency-E program.
The program’s goal is “to support the advancement of energy-based technologies for energy efficiency, reliability, and cost reduction,” the U, S., Defense, and Energy Department said in a press release.
“While we have made significant strides, the next step in the solar storage technology development is still very much a work in progress,” Chu concluded.
The University of Houston and the University at Buffalo will each receive $500,00 for research on the solar and wind energy technologies, according to a press statement.
The National Renewable Energy Laboratory will receive $1-$5 million for the Solar Energy Battery Laboratory.
The $1M grant is to support the development and commercialization of the solar industry’s first battery.
The grant is part of a $2.3 billion program that includes the Department of the Interior, the Department, and ARCO-E.
Chu also noted that the Department is supporting research at the University College London, which has been developing solar energy batteries for decades.
The university has also partnered with a solar energy company, Windermere Energy, to commercialize its solar energy cells.
“As an international research institution, we are excited about the work the University is doing on solar power, and look forward to working with our industry partners and federal and state governments to develop more innovative solar energy solutions,” Chu stated.