News From the Field
'Major Discovery' From MIT Primed to Unleash Solar Revolution
July 31, 2008
Until now, solar power has been a daytime-only energy source, because storing extra solar energy for later use is prohibitively expensive and grossly inefficient. MIT researchers have hit upon a simple, inexpensive, highly efficient process for storing solar energy.
Massachusetts Institute of Technology
See also: NSF News Release
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2015, its budget is $7.3 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 48,000 competitive proposals for funding, and makes about 11,000 new funding awards. NSF also awards about $626 million in professional and service contracts yearly.
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