Auburn Hills-based United Solar Ovonic LLC said it has won a cost-shared, three-year cooperative agreement from the United States Department of Energy for development of low-cost building-integrated photovoltaic systems.
The intent is to significantly reduce the cost of solar electricity. Under the cooperative agreement, United Solar Ovonic is expected to receive $4.6 million in federal funding through the completion of its first project budget period, which will be implemented through June 2008.
Upon successful completion of key project milestones and sustained execution of a viable business strategy, as much as $14.74 million in additional DOE funding will be made available for continued implementation of the project through June 2010.
Health Care Reform Debate 11/21
Michigan Senator Debbie Stabenow addresses the floor on the first vote that will take place for the health reform bill.
Health Care Debate 11/21
Michigan Senator Carl Levin addresses the Senate prior to a vote on the health care reform bill.
What's Hot Around Town 11/20
WWJ's Roberta Jasina talks about some of the latest things to see and do around town
Making A Difference 11/21
Bill Stevens talks to those in metro Detroit who are making a difference in our community.
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