Modernizing the U.S.' antiquated electrical grid is a task that will likely take decades to complete, but at least we're off to a good start with more than five million smart meters installed nationwide, The Lexington, Mass.-based company said today that the Department of Energy has offered a $150 million loan to build two plants to ramp up its process of making silicon wafers used in solar photovoltaic panels. Energy Secretary Steven Chu announced nearly $15 million to support eight new research and development projects that will accelerate the development and deployment of high-efficiency solid-state lighting technologies like LEDs and organic LEDs (OLEDs).
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