Companies involved in solar technology are having no trouble keeping the heat on this winter, as interest in the industry as well as technological advancements are increasing. Government promotion of green initiatives and the implementation and spread of smart grid technology are also working in favor of solar.
One example of government involvement is The Department of Energy's recently announced $50 million funding opportunity, designed to test and develop new solar technologies.
Two companies hoping to benefit from the increased interest in solar are Ascent Solar Technologies Inc. and New Energy Technologies Inc. Both Ascent and New Energy have recently announced new additions to the corporate work forces, with Ascent announcing the appointment of a new board member, and New Energy hiring a new Chief Operating officer.
Ascent is a developer of thin-film photovoltaic modules that due to their flexibility can be used in a variety of non-traditional applications, such as automotive and building solutions, as well as electronic devices.
New Energy is also working on solar innovations, and is in the process of developing their SolarWindow product. The technology is designed to generate electricity on glass that is see-through.
For more information go to: Solar Energy Stocks
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