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In 2011, DOE awarded startup Alencon Systems $3 million to develop a utility-scale inverter system for solar PV plants. Since then, the company has manufactured its innovative product and is helping grow the domestic solar supply chain.
In 2018, Fend received $150,000, its first round of funding through DOE’s Small Business Innovation Research program, to prove that its idea for a low-cost, easily installed device that enhances the security of solar energy systems could work.