PaulSpoerry.com

See what some decent funding can do? We should have dumped all the money we spend “exporting democracy” into projects like this.

This project was funded by the National Science Foundation and by the Chesonis Family Foundation, which gave MIT $10 million this spring to launch the Solar Revolution Project, with a goal to make the large scale deployment of solar energy within 10 years. MIT researchers have overcome a major barrier to large-scale solar power: storing energy for use when the sun doesn’t shine. 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. With today’s announcement, MIT researchers have hit upon a simple, inexpensive, highly efficient process for storing solar energy.

Read more and watch the video at MIT’s NewsOffice.