Latest round of funding will support basic research that may yield a solar cell efficiency breakthrough. …
… “Bocian cites lack of funding for basic research as the reason why today’s solar cells have only 6-11 percent energy efficiency. But there is hope in Congress’s recent approval of funding for PARC and 45 similar Energy Frontier Research Centers (EFRCs) through the Department of Energy. ” …
Via UC Riverside: $1 million to study light-harvesting compounds
The Dept of Energy support a portfolio of research centers focused on renewable energy. …
Energy Frontier Research Centers: “he 46 EFRCs, which are to be funded at $2–5 million per year each for a planned initial five-year period, were selected from a pool of some 260 applications received in response to a solicitation issued in 2008 by the U.S. Department of Energy (DOE), Office of Science. ”