
Solar Roadways, the company behind a technology that could transform the nation's roads into a network of shatter-proof, energy-generating solar panels, has just a received a new $750,000 grant from the federal government. With that money, the team will get to work at developing a prototype solar parking lot that will fully put their technology to the test.
The federal government has previously given the start-up a $100,000 grant and they also received $50,000 from GE's Ecomagination Challenge that allowed the company to fully develop its 12 foot x 12 foot solar panel. The panels contain LED lights that could display road warnings and directions, while embedded heating elements could also help keep snow and ice from gathering on roads. Underground wires will connect the panels to the grid to power street lights and even nearby buildings.
This fantastic idea has only one real drawback -- each panel costs about $7,000, which when spread across a network of roads and parking lots would add up quickly. Hopefully as Solar Roadways continues to test and develop its technology, cost-saving measures can also be found.
via Businessweek



