This report summarizes the in-house and subcontracted research and development (R and D) activities under the NREL PV Program from October 1, 1996, through September 30, 1997 (FY 1997). The NREL PV Program is part of the US Department of Energy`s (DOE`s) National Photovoltaics Program, as described in the DOE National Photovoltaics Program Plan for 1996--2000. The FY 1997 budget authority for carrying out the NREL PV Program was $39.3 million in operating funds and $0.4 million in capital equipment funds. Subcontract activities represent a major part of the NREL PV Program, with $21.8 million (55% of PV funds) going to some 84 subcontractors. Cost sharing by industry added almost $8.8 million to the subcontract R and D activities with indus...