The Entech Group, Inc. (Entech) of NJ is excited to confirm that the Department of Energy (DOE) announced a $60 million investment for applied scientific research to advance cutting-edge Concentrating Solar Power (CSP) technologies. CSP technologies use mirrors to reflect and concentrate sunlight to produce heat, which can then be used to produce electricity. The investment supports the DOE’s SunShot Initiative.
The Department of Energy SunShot Initiative is a collaborative national initiative to make solar energy cost competitive with other forms of energy by the end of the decade. Reducing the installed cost of solar energy systems by about 75% will drive widespread, large-scale adoption of this renewable energy technology and restore U.S. leadership in the global clean energy race.
The Entech Group, Inc., a leading provider of residential and commercial solar power solutions in NJ, is pleased with the announcement. Tom Furey, VP of The Entech Group, Inc., is quoted, “The SunShot Initiative will help make solar power more accessible for NJ companies, and companies nationwide. This will help cut our reliance on fossil fuels and reduce carbon emissions overall.”
Benefits of Switching to Solar Power in NJ
There are numerous benefits for businesses that make the switch to solar energy. Some of these benefits are:
- Protect against rising utility rates
- Reduce operating costs
- Take advantage of government rebates & tax credits
- Receive an above average return on investment
- Experience long term reliability & low maintenance costs
- Become a “green” business
According to The US Department of Energy, electricity utility costs will more than double in the next five years. Having a commercial solar energy system has never been a smarter choice for a business owner.
The Entech Group, Inc., offers solar power systems that are backed by a 5-year system warranty and a 20-year manufacturer’s warranty.
To learn more about NJ solar power solutions, call The Entech Group, Inc., at 877-461-6373.