The US Department of Energy (DOE) has awarded leading microinverter manufacturer SolarBridge Technologies a US$2.3 million grant through its SunShot Initiative.
In collaboration with SunPower, SolarBridge will use the grant to accelerate development of a low-cost microinverter and a universal connecting mechanism for modules and power conversion electronics. The joint venture will also focus on making its new microinverter part of a field-tested AC module that is fully certified and backed by a 25-year warranty.
“We are extremely pleased to be selected as a SunShot participant,” said SolarBridge’s president and CEO, Ron Van Dell. “We look forward to working together with SunPower to develop a next-generation AC solution that addresses the long-term market imperative for substantially lower-cost renewable energy.”
The SolarBridge grant was among US$145 million handed out to advanced solar technology projects by the DOE’s Office of Energy Efficiency and Renewable Energy. Sixty-nine projects across 24 states were selected, with the goal of stimulating innovation and encouraging rapid, widespread adoption of solar energy systems across the US.