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SVTC Technologies awarded $25M grant from U.S. DOE to build nation?s first photovoltaic manufacturing development facility

Mon, 04/25/2011 - 11:45am
Medical Design Technology

After a comprehensive, nationwide competition, the U.S. Department of Energy (DOE) awarded SVTC Solar, a subsidiary of SVTC Technologies, $25 million in funding as a part of DOE’s SunShot Initiative. This grant supports the start-up of the first photovoltaic (PV) manufacturing development facility (MDF) in the U.S. to reduce the costs and development time for the PV industry. SVTC was selected due to its unparalleled track record in providing technology development services to multiple industries, including work for companies in the PV industry.

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