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Mike Splinter, chairman and CEO of Applied Materials spoke today regarding the restructuring of the company's Energy and Environmental Solutions division.

I am pleased to share that Applied Materials has joined the Energy Research Initiative (ERI), a collaboration created by the Semiconductor Research Corporation (SRC) to promote research at leading universities for reliable, affordable, energy-efficient systems.

The ERI is a program designed to create an industry-university partnership to support the development of improved photovoltaic devices, and enable an efficient and reliable smart grid electricity infrastructure with renewable energy resources.

Last week, I participated in the North American PV Fab Managers Forum, part of the Intersolar North America conference in San Francisco. One of the hot topics was the role of China in the photovoltaic (PV) industry. Asia in general and China in particular have come to be a major presence on the PV manufacturing scene.

At the White House this morning, Commerce Secretary Gary Locke made a compelling case for America’s next great industry – the renewable energy industry. Speaking at the Clean Energy Economy Forum, Secretary Locke told an audience of top administration and business leaders that clean energy is key to creating “the greatest economic opportunity of the 21st century.” We couldn’t agree more.

From economics and climate change to national security and global politics, energy is the driving force behind most everything on the planet. “Powering the Future,” a four-hour Discovery Channel TV series, premieres this weekend and closely examines where our energy could come from and how we are striving to create a clean, limitless, secure supply of energy.