Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Veeco Awarded $800K in Matching Funds from Minnesota for Solar Technology

Abstract:
Veeco Instruments Inc. (VECO 39.03, +0.36, +0.93%) announced today that its St. Paul operations was awarded $800,000 in matching funds by the Minnesota Department of Commerce's Office of Energy Security provided by the American Recovery and Reinvestment Act to support emerging renewable energy technology.

Veeco Awarded $800K in Matching Funds from Minnesota for Solar Technology

St. Paul, MN | Posted on June 28th, 2010

The matching funds were awarded for a 1.5 year project that will expedite Veeco's CIGS (copper, indium, gallium, selenium) deposition equipment technology to market. This technology helps solar panel manufacturers to reduce their production costs and increase the feasibility of solar panels as an alternative energy.

According to David Bruns, Senior Vice President of Veeco's Solar Operations, "Veeco will facilitate the development of this critical technology, creating green energy jobs. We would like to acknowledge the integral support of MN District 53B House Representative Carol McFarlane, in addition to MN District 53 Senator Sandy Rummel, MN 4th District Congresswoman Betty McCollum, and other various high-ranking elected government officials. Through visits to Veeco and encouragement of our efforts, they clearly demonstrated their strong support of green energy technology and its advancement in the state of Minnesota."

In total, the state of Minnesota awarded just over $4 million dollars in funding for the Emerging Renewable Energy Industries Grant Program. Veeco's proposal was one of approximately nine selected by the Minnesota Department of Commerce Office of Energy Security (OES) OES-101920009. The purpose of this grant program is to provide funding for a portion of the cost of multiple activities to promote improved economic performance of both the direct recipient and its Minnesota suppliers and customers.

To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2009 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

####

About Veeco Instruments
Veeco Instruments Inc. designs, manufactures, markets and services enabling solutions for customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets. We have leading technology positions in our three businesses: LED & Solar Process Equipment, Data Storage Process Equipment, and Metrology Instruments. Veeco's product development, marketing, engineering and manufacturing facilities are located in New York, New Jersey, California, Colorado, Arizona, Massachusetts and Minnesota. Global sales and service offices are located throughout the U.S., Europe, Japan and Asia Pacific.

For more information, please click here

Contacts:
Veeco MBE Operations
Molly Doran, 651-494-5511

Copyright © Veeco Instruments

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Nano Ruffles in Brain Matter: Freiburg researchers decipher the role of nanostructures around brain cells in central nervous system function October 31st, 2014

Gold nanoparticle chains confine light to the nanoscale October 31st, 2014

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Device invented at Johns Hopkins provides up-close look at cancer on the move: Microscopic view of metastasis could give insight about how to keep cancer in check October 31st, 2014

Govt.-Legislation/Regulation/Funding/Policy

Gold nanoparticle chains confine light to the nanoscale October 31st, 2014

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Device invented at Johns Hopkins provides up-close look at cancer on the move: Microscopic view of metastasis could give insight about how to keep cancer in check October 31st, 2014

'Electronic skin' could improve early breast cancer detection October 29th, 2014

Announcements

Nano Ruffles in Brain Matter: Freiburg researchers decipher the role of nanostructures around brain cells in central nervous system function October 31st, 2014

Gold nanoparticle chains confine light to the nanoscale October 31st, 2014

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Device invented at Johns Hopkins provides up-close look at cancer on the move: Microscopic view of metastasis could give insight about how to keep cancer in check October 31st, 2014

Environment

Microrockets fueled by water neutralize chemical and biological warfare agents October 29th, 2014

Nanoparticles Display Ability to Improve Efficiency of Filters October 28th, 2014

Iranian, Malaysian Scientists Study Nanophotocatalysts for Water Purification October 23rd, 2014

Imaging electric charge propagating along microbial nanowires October 20th, 2014

Energy

Gold nanoparticle chains confine light to the nanoscale October 31st, 2014

Iranians Present Model to Predict Photocatalytic Process in Removal of Pollutants October 30th, 2014

New solar power material converts 90 percent of captured light into heat: SunShot Project aims to make solar cost competitive October 29th, 2014

New Compact SIMS at 61st AVS | Visit us on Booth 311 October 28th, 2014

Solar/Photovoltaic

Gold nanoparticle chains confine light to the nanoscale October 31st, 2014

New solar power material converts 90 percent of captured light into heat: SunShot Project aims to make solar cost competitive October 29th, 2014

Advancing thin film research with nanostructured AZO: Innovnano’s unique and cost-effective AZO sputtering targets for the production of transparent conducting oxides October 23rd, 2014

Magnetic mirrors enable new technologies by reflecting light in uncanny ways October 16th, 2014

NanoNews-Digest
The latest news from around the world, FREE





  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE