Technic garners $900K federal grant for solar energy project

THANKS TO A $900,000 federal grant from a Department of Energy initiative, and $900,000 of its own funds, Cranston-based Technic is engaged in a project to help drive the cost of solar-generated electricity to 6 cents per kilowatt-hour. / COURTESY TECHNIC
THANKS TO A $900,000 federal grant from a Department of Energy initiative, and $900,000 of its own funds, Cranston-based Technic is engaged in a project to help drive the cost of solar-generated electricity to 6 cents per kilowatt-hour. / COURTESY TECHNIC
CRANSTON – A chemical manufacturing and research company received $900,000 Thursday through a federal initiative trying to make U.S. solar energy resources more affordable and accessible. Cranston-based Technic Inc., a privately held corporation with more than 900 employees worldwide, was awarded the funds through the U.S. Department of Energy SunShot Initiative. The funds will go…

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