US government wants to cut solar costs by 60% in 10 years

The US Energy Department set a goal of achieving 2 cents/kWh by 2030, and announced an initial $128 million in funding to support technology development.From pv magazine USA The U.S. Department of Energy announced a goal to cut the cost of solar energy by 60% within the next 10 years. It also announced nearly $128 million in funding to lower costs, improve performance, and speed the deployment of solar energy technologies. Secretary of Energy Jennifer M. Granholm said that solar is already cheaper than coal and other fossil fuels in many parts of the country. "With more innovation we can cut the ...

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