In the US, the Department of Energy has selected the International Center for Appropriate and Sustainable Technology (ICAST) to come up with ways to accelerate the adoption of solar photovoltaic technologies.
ICAST will use the DoE’s $1 million grant to develop, coordinate and pilot measures to expand solar adoption.
The grant is being issued via the DoE’s Solar Energy Technology Office.
The solution will include integrating renewable energy plans and programmes from utilities, multifamily housing properties, investors and stakeholders into a single model or project.
The model is expected to help overcome the challenges of deploying solar energy to low-income customers by improving volume efficiency of solar projects while reducing costs and risks.
The project aims to create:
- A cost-effective and sustainable financing model
- Deployment an aggregation database for multifamily affordable housing projects
- Standardise the financing process and contracts and then launch a pilot programme
Ravi Malhotra, ICAST’s founder and president, said: “We are very excited to have been selected for this SETO programme. Project SunLight will help demonstrate that affordable housing residents CAN access solar energy in a cost-effective manner that is scalable.”