Department of Energy (DOE) secretary Steven Chu announces $50 million in funding for solar energy grid parity demonstration program for innovative solar technologies leading to cost-competitive solar energy that helps solar reach this important milestone.
New technologies, feed-in tariffs, and tax credits are helping propel the small wind industry, especially in the United States. Once found mostly in rural areas, small wind installations are now starting to pop up on urban rooftops.
Last week, at the National Clean Energy Summit 2.0 in Las Vegas, Energy Secretary Chu called for a revolution, “a second industrial revolution.” The first industrial revolution came with a “carbon dioxide cost” but “in the next industrial revolution, we must develop technologies that will enable us to get the energy the world needs to grow and prosper but “essentially reducing and eliminating the carbon dioxide,” he said. Chu said the United States has the greatest research and development centers in the world in universities, national labs and the private sector. “Once we get this great invention machine geared and going we’d be invincible. But the only trouble is, let’s get it going.”