California-based SMASHsolar claims that its new snap-together PV module installation system can reduce home solar installation time by half, and can reduce the skill level required for installation, thereby reducing installation costs.
The company has now received US$1 million in funding from the US Department of Energy (DOE) to accelerate the development and listing of the SMASH power station.
According to a report from Business Wire News on Thursday, this is the second time that SMASHsolar has received funding from the Department of Energy’s SunShot incubator program. The funds will be used to introduce new strategic partners, investors, distributors and manufacturers. , to bring products to market. The company’s first funding was used to develop innovative products.
A recent survey by SolarCity and Clean Edge, a US-based solar leasing company, found that 62% of homeowners in the United States, or more than 30 million homes, want to use solar energy. At present, there are only 500,000 installations nationwide.
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