RENEWABLOG

Stimulus Funds to go to Young Companies

Just yesterday, the National Renewable Energy Laboratory (NREL) announced where some of the simulus money is headed. The good news for solar companies is the focus is on young companies that can use the monies to assist with R&D.

All told, about $16.5M will be appropriated as part of two programs, the Photovoltaic (PV) Technology Incubator program and the PV Technology Pre-Incubator program.

Schwartz represents clients who have received money through related programs, and the new appropriations show that there are a number of promising young companies in the solar industry.

With Intersolar US on the horizon, certainly there will be chatter at the show about this recent infusion of stimulus money. As we have noted in this blog before, the key is consistent relations with program managers within the Department of Energy so the process can be tracked.

Posted by Ross Levanto on June 10, 2009 at 4:59 PM
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