Gallery: Secretary of Energy Announces “SunShot”, Gives $27 Million to ...

 

US Secretary of Energy Steven Chu just pledged $27 million in funding for nine solar energy projects that will help with his “sunshot” effort — a plan to cut the costs of solar energy by 3/4 in the next decade. The “sunshot” is a play off of President Kennedy’s “moonshot” effort in the 60’s — that successfully put a man on the moon — and is part of the Obama Administration’s effort to push the country toward advancements in green energy. President Obama told the country in his State of the Union address that growth in new energy technology is our generation’s “Sputnik moment” and we must not let other countries beat us to the punch. Secretary Chu’s $27 million in cash grants for solar development will surely help that effort.

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