Energy Department Unveils $20M in Funding for Solar Panel Recycling
The funding is meant to encourage the creation of more-recyclable and longer-lasting solar panels.
The US Department of Energy on Friday announced $20 million in funding for higher-quality solar technology, for more-recyclable and longer-lasting solar panels.
The funding aims to speed up solar deployment across the US as well as address care of panels and solar technology across their life cycle, according to a press release. That includes accounting for end-of-life practices to safely dispose of used solar panels.
Of the $20 million, an $8 million slice comes from the $1.2 trillion infrastructure bill passed in November 2021.
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The funding follows the Biden administration's prior financial incentives announced this year, including providing $3 billion in partial loan guarantees for low-credit buyers to get rooftop solar setups, and the Energy Department's $52 million in funding for solar projects.
All the funding rounds contribute to Biden's goal of a 100% clean electricity grid by 2035 and net-zero carbon emissions by 2050.
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