published Jul 12th 2017, 3:17 pm, by Christopher Martin

(Bloomberg) —
The U.S. Energy Department awarded $46.2 million in research grants to improve solar energy technologies and reduce costs to 3 cents per kilowatt-hour by 2030.

The money will be partly matched by the 48 projects awarded to laboratories and universities, including Arizona State, which plans to use $1.6 million to develop an X-ray test to evaluate the performance of thin-film modules under harsh conditions, according to a emailed statement Wednesday.

“These projects ensure there’s a pipeline of knowledge, human resources, transformative technology solutions and research to support the industry,” Charlie Gay, director of the Energy Department’s SunShot Initiative, said in the statement.

Other awards include:
$1.37 million to Stanford University to improve a perovskite over silicon module design $1.13 million to Colorado State University to improve thin-film manufacturing $2 million to SolarReserve Inc. to reduce costs of molten salt storage

To contact the reporter on this story: Christopher Martin in New York at cmartin11@bloomberg.net To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Christine Buurma, Joe Richter