MIT, Chesonis Foundation announce solar revolution
Goal: Bring the sun’s power to the people
Promising to transform solar power from a “boutique” option to an affordable, dependable, mainstream energy solution, MIT and the Chesonis Family Foundation today launched a “solar revolution” with the ultimate aim of making solar energy America’s primary carbon-free fuel.
The Solar Revolution Project (SRP), funded by a $10 million gift from the Foundation, will explore new materials and systems that could dramatically accelerate the availability of solar energy. The SRP will complement and interact closely with other large solar projects at MIT, creating one of the largest solar energy clusters at any research university.
The Chesonis gift will allow MIT to explore bold approaches that are essential for transforming the solar industry. Specifically, it will focus on three elements –capture, conversion and storage — that will ultimately make solar power a viable, near-term energy source.