The Biden administration has announced a significant investment in solar energy, with over $80 million in funding going towards the expansion of solar panel production and the development of alternatives to traditional silicon panels.
The move is part of the administration’s push towards renewable energy, with a focus on combating climate change and creating jobs in the clean energy sector.
$52 Million Towards 19 Solar Projects Across A Dozen States
Of the total funding, $52 million will be directed towards 19 solar projects across a dozen states, with $10 million coming from the recently passed infrastructure law. The projects will aim to integrate solar electricity into the grid, making the electricity system more reliable, secure, and resilient in the face of a changing climate.
This investment will help people save on their electricity bills, and will also support the development of next-generation solar technologies, such as perovskite and cadmium telluride solar cells.
25 Teams To Participate In A $10M Competition For Community Solar Projects
Furthermore, a competition with a $10 million prize pool has been launched to accelerate the progress of solar developers working on community solar projects, with 25 teams set to participate.
The aim of the competition is to accelerate the development of these projects, which allow multiple customers to receive the benefits of solar energy without needing to install panels on their own properties.
This funding will help to increase access to solar energy across the country, particularly for low-income households and communities of color that have historically been left out of the clean energy transition.
Recycling Solar Panels And Reusing Rare Earth Elements And Materials
The new funds will also support the recycling of solar panels and the reuse of rare earth elements and materials. This will help to reduce the environmental impact of solar panel production, as well as ensure a secure supply of these materials for future use.
Every State Can Benefit from Clean Energy, Says Biden Administration
The Biden administration has emphasized that clean energy is a fit for every state in the country, and has pointed to a successful solar project in Shungnak, Alaska as an example. The project was able to eliminate the need for diesel fuel in the community, providing a more sustainable and reliable source of electricity.
Overall, this investment in solar energy represents a significant step towards a more sustainable and equitable energy system in the United States. By expanding access to solar energy and developing new technologies and practices, the country can reduce its reliance on fossil fuels and move towards a cleaner, more resilient energy future.
