Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Research into next generation solar energy harvesting to receive further funding

Abstract:
Nanotechnology researchers and industry specialists are being invited to propose business-led research projects that will compete for £7million to help stimulate the next generation of solar energy harvesting technologies.

Research into next generation solar energy harvesting to receive further funding

UK | Posted on August 31st, 2010

The competition, launched this week by the Engineering and Physical Sciences Research Council (EPSRC) and the Technology Strategy Board, is designed to build upon earlier investments of £6.7 million in five research projects by the Research Councils, led by EPSRC. The EPSRC will invest up to £5 million in the new research and development projects while the Technology Strategy Board will invest £2 million.

Inclusive of those involved in the five original research projects, other specialists in the field are now being offered the opportunity to enter this second competition, where business-led consortia will focus on building the supply chain and achieving technology demonstration in a real life environment. Investment is needed here to help UK businesses become early adopters of the technology and aid rapid commercialisation of their products.

Current installed electricity generating capacity is approximately 80GW, with demand potentially increasing by up to 50% by 2050. Government targets, meanwhile, demand an 80% reduction in CO2 emissions by 2050. In principle the sun could provide sufficient energy to make up the shortfall, provided new innovative methods of energy capture and storage are discovered, developed and exploited rapidly. Nanotechnology has a significant role to play here and is increasingly influencing these areas.

Explaining the aims of the competition, Chief Executive of the Technology Strategy Board, Iain Gray, said "The projects we will fund through this competition will both improve our quality of life and generate economic benefits to the UK economy. Nanoscale technologies have the potential to address the major societal challenge of increasing our renewable energy options for the future. By investing in this areawe will be contributing significantly to the UK's 2050 targets for renewable energy as well as growing significant business opportunities for British companies both at home and abroad, transferring commercially focused basic research into the business community."

EPSRC CEO Professor David Delpy added "Solar energy is the only renewable energy technology that, in theory, could meet all of the world's energy needs. To date we have been limited by the cost and efficiency of the available technology. This competition will ‘fast track' projects that address some of these challenges. The projects will also have commercial potential and can position British businesses to exploit a growing global market in the near term, while providing sustainable solutions for the UK in the longer term."

The competition opens on 13 September 2010 and expressions of interest must be submitted by 14 October 2010. The closing date for receiving full applications is 21 October 2010.

Further information about this competition can be found on the Technology Strategy Board website, at:

www.innovateuk.org/_assets/pdf/competition-documents/briefs/tsb_nanotechnologybuildingthesupplychaincompflyer.pdf

####

About Technology Strategy Board
The Technology Strategy Board is all about driving innovation.

Our role is to stimulate technology-enabled innovation in the areas which offer the greatest scope for boosting UK growth and productivity. We promote, support and invest in technology research, development and commercialisation. We spread knowledge, bringing people together to solve problems or make new advances.

We advise Government on how to remove barriers to innovation and accelerate the exploitation of new technologies. And we work in areas where there is a clear potential business benefit, helping today's emerging technologies become the growth sectors of tomorrow.

For more information, please click here

Copyright © Technology Strategy Board

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

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Bruker Introduces Second-Generation Inspire Nanochemical Imaging Solution: Featuring Unique PeakForce IR and IR EasyAlign Technology July 1st, 2015

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Samsung's New Graphene Technology Will Double Life Of Your Lithium-Ion Battery July 1st, 2015

Govt.-Legislation/Regulation/Funding/Policy

Proposed TSCA Nanomaterial Rule ‘Premature’, Says Former EPA Toxicologist July 1st, 2015

Carnegie Mellon chemists characterize 3-D macroporous hydrogels: Methods will allow researchers to develop new 'smart' materials June 30th, 2015

Graphene flexes its electronic muscles: Rice-led researchers calculate electrical properties of carbon cones, other shapes June 30th, 2015

X-rays and electrons join forces to map catalytic reactions in real-time: New technique combines electron microscopy and synchrotron X-rays to track chemical reactions under real operating conditions June 29th, 2015

Announcements

Leti Announces Launch of First European Nanomedicine Characterisation Laboratory: Project Combines Expertise of 9 Partners in 8 Countries to Foster Nanomedicine Innovation and Facilitate Regulatory Approval July 1st, 2015

Bruker Introduces Second-Generation Inspire Nanochemical Imaging Solution: Featuring Unique PeakForce IR and IR EasyAlign Technology July 1st, 2015

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Samsung's New Graphene Technology Will Double Life Of Your Lithium-Ion Battery July 1st, 2015

Energy

Visible Light-Sensitive Photocatalysts Used for Purification of Contaminated Water in Iran June 30th, 2015

The Hydrogen-Fuel cell will revolutionize the economy of the world: New non-platinum and nanosized catalyst for polymer electrolyte fuel cell June 29th, 2015

June 29th, 2015

Making new materials with micro-explosions: ANU media release: Scientists have made exotic new materials by creating laser-induced micro-explosions in silicon, the common computer chip material June 29th, 2015

Solar/Photovoltaic

Making new materials with micro-explosions: ANU media release: Scientists have made exotic new materials by creating laser-induced micro-explosions in silicon, the common computer chip material June 29th, 2015

Spain nanotechnology featured at NANO KOREA 2015 June 26th, 2015

Stanford researchers stretch a thin crystal to get better solar cells June 25th, 2015

Toward tiny, solar-powered sensors: New ultralow-power circuit improves efficiency of energy harvesting to more than 80 percent June 23rd, 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