“Solar energy stands to become a dominant part of the global energy mix. The biggest challenge in taking solar electricity mainstream is cost per watt.” says Nazir Kherani, an associate professor with cross appointments in The Edward S. Rogers Sr. Department of Electrical and Computer Engineering and the Department of Materials Science and Engineering.
Dr. Kherani received a substantial boost in tackling the high cost of solar energy. With a $5M investment from the Ontario Government’s Ministry of Research and Innovation, he was able to leverage an additional contribution of $5M direct and in-kind from ARISE Technologies Corporation of Waterloo, as well as a contribution of $5M in-kind from the University of Toronto; all contributions taking place over five years.
http://www.engineering.utoronto.ca/news/0424083.htm
http://www.peo.on.ca/awards/OPEA/2009/Kherani.html
Ismailimail 