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Veeco Instruments Granted Funding for Solar Research

Editorial Checklist

Reviewed

Feb 17 2011

Veeco Instruments, a process equipment technology company, declared that it has been granted $4.8 million funding by the U.S. Department of Energy (DOE) to speedup the research and development in making its Copper, Indium, Gallium, Selenium (CIGS) depositions arrangements commercially viable.

Department of Energy (DOE) has granted the award as a part of its “SunShot”, a high-impact supply chain R&D Program aimed at achieving equality in pricing between the solar generated electric power and fossil fuel generated electricity within a decade without granting any extra grants for achieving such parity.

The grant will enable the company to accelerate its commercialization process of multi-stage thermal deposition fabrication systems, which are utilized in the production of cost-effective CIGS Solar cells.

Source:

http://www.veeco.com

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