Solar energy technology loan guarantee finalized

The U.S. Department of Energy (DOE) finalized a $150 million loan guarantee to 1366 Technologies Inc. for the development of a multicrystalline wafer manufacturing project.

The project will be capable of producing approximately 700 to 1,000 MW of silicon-based wafers annually using a manufacturing process called Direct Wafer.  Direct Wafer is designed to reduce four separate manufacturing steps into one continuous process. The process reduces silicon waste by forming individual wafers directly from a bath of molten silicon. A sheet of silicon freezes inside the direct wafer furnace and is then removed and laser-trimmed to size.

The technology’s original development was supported with a $4 million grant from DOE’s Advanced Research Projects Agency – Energy program and a $3 million grant from DOE’s Office of Energy Efficiency and Renewable Energy.

Phase 1 of the project will be located in Lexington, Mass. The company is evaluating site locations for another planned phase.

Read more solar energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...