BIG SOLAR GETS PRICE COMPETITIVE

U.S. Utility-Scale Solar Is Getting Closer To Cost-Competitiveness

February 12, 2014 (Up Front via Solar Industry)

“The U.S. Department of Energy (DOE) has announced that the U.S. solar industry is more than 60% of the way to achieving cost-competitive utility-scale solar photovoltaic electricity…three years into the department's decade-long SunShot Initiative, which aims to make solar energy fully cost-competitive with traditional sources of energy by 2020…[T]he initiative's target for the utility-scale photovoltaic industry is $0.06/kWh…The DOE says that the average price for a utility-scale photovoltaic project has dropped from about $0.21/kWh in 2010 to $0.11/kWh at the end of last year…[T]he average U.S. electricity price is about $0.12/kWh…” click here for more

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