Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

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

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

First detailed microscopy evidence of bacteria at the lower size limit of life: Berkeley Lab research provides comprehensive description of ultra-small bacteria February 28th, 2015

Leti to Offer Updates on Silicon Photonics Successes at OFC in LA February 27th, 2015

Moving molecule writes letters: Caging of molecules allows investigation of equilibrium thermodynamics February 27th, 2015

Govt.-Legislation/Regulation/Funding/Policy

First detailed microscopy evidence of bacteria at the lower size limit of life: Berkeley Lab research provides comprehensive description of ultra-small bacteria February 28th, 2015

Warming up the world of superconductors: Clusters of aluminum metal atoms become superconductive at surprisingly high temperatures February 25th, 2015

SUNY Poly CNSE Researchers and Corporate Partners to Present Forty Papers at Globally Recognized Lithography Conference: SUNY Poly CNSE Research Group Awarded Both ‘Best Research Paper’ and ‘Best Research Poster’ at SPIE Advanced Lithography 2015 forum February 25th, 2015

European roadmap for graphene science and technology published February 25th, 2015

Announcements

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

First detailed microscopy evidence of bacteria at the lower size limit of life: Berkeley Lab research provides comprehensive description of ultra-small bacteria February 28th, 2015

Leti to Offer Updates on Silicon Photonics Successes at OFC in LA February 27th, 2015

Moving molecule writes letters: Caging of molecules allows investigation of equilibrium thermodynamics February 27th, 2015

Environment

Simple, Cost-Efficient Method Used to Determine Toxicants Growing in Pistachio February 26th, 2015

Purification of Industrial Wastewater Using Visible-Light Sensitive Photocatalysts February 24th, 2015

Nanocomposite Membranes Used in Iran for Water Desalination, Sweetening February 16th, 2015

Scientists in Iran Use Nanotechnology for Industrial Purification of Drinking Water February 13th, 2015

Energy

In quest for better lithium-air batteries, chemists boost carbon's stability: Nanoparticle coatings improve stability, cyclability of '3DOm' carbon February 25th, 2015

New nanowire structure absorbs light efficiently: Dual-type nanowire arrays can be used in applications such as LEDs and solar cells February 25th, 2015

Learning by eye: Silicon micro-funnels increase the efficiency of solar cells February 25th, 2015

Magnetic nanoparticles enhance performance of solar cells X-ray study points the way to higher energy yields February 25th, 2015

Solar/Photovoltaic

New nanowire structure absorbs light efficiently: Dual-type nanowire arrays can be used in applications such as LEDs and solar cells February 25th, 2015

Learning by eye: Silicon micro-funnels increase the efficiency of solar cells February 25th, 2015

Magnetic nanoparticles enhance performance of solar cells X-ray study points the way to higher energy yields February 25th, 2015

Researchers enable solar cells to use more sunlight February 25th, 2015

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 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE