Department of Energy releases new research on solar industry

September 13, 2017 -

Source: Department of Energy

WASHINGTON, D.C. – In conjunction with the annual Solar Power International conference, the U.S. Department of Energy (DOE) released new research that shows the solar industry has achieved the 2020 utility-scale solar cost target set by the SunShot Initiative. Largely due to rapid cost declines in solar photovoltaic (PV) hardware, the average price of utility-scale solar is now 6 cents per kilowatt-hour (kWh).

Given this success, DOE is looking beyond SunShot’s 2020 goals with an expanded 2030 vision for the Solar Energy Technologies Office. Specifically, while DOE will continue research to drive down costs, new funding programs will focus on a broader scope of Administration priorities, which includes early-stage research to address solar energy’s critical challenges of grid reliability, resilience, and storage.
“With the impressive dIn conjunction with the annual Solar Power International conference, the U.S. Department of Energy (DOE) released new research today that shows the solar industry has achieved the 2020 utility-scale solar cost target set by the SunShot Initiative. Largely due to rapid cost declines in solar photovoltaic (PV) hardware, the average price of utility-scale solar is now 6 cents per kilowatt-hour (kWh).

To read the full article go to: https://energy.gov/articles/energy-department-announces-achievement-sunshot-goal-new-focus-solar-energy-office

To learn more visit the Department’s Solar Energy Technologies Office at https://www.energy.gov/science-innovation/energy-sources/renewable-energy/solar

 

 

Disclaimer: The opinions expressed within this article are the views of the writer and do not necessarily reflect the views and opinions of ASME.


 
ASME Insider Home Latest News Key Issues ASME Members Outreach Washington Insider Contact Us