When the Solar Energy Research Institute was first envisioned, the United States was only months out of the oil embargo crisis of 1973–74. The new research institute was a response to this crisis and part of a national effort to find new, more reliable sources of energy.
In the 43 years since, the Solar Energy Research Institute — now known as the National Renewable Energy Laboratory (NREL) — has been a driving force in the development of solar photovoltaic (PV) energy.
From $76 per watt in 1977, the cost of silicon solar cells has fallen to $0.20 per watt in 2020. Electricity from solar energy is cost-competitive with most other sources, and about 35% of new electricity generation each year comes from new PV systems. But NREL researchers are not stopping here. They envision a future where PV is everywhere. See why in this new video from NREL.
Since the 1970s, the National Renewable Energy Laboratory has helped develop solar photovoltaics (PV) from a niche technology to our fastest-growing source of energy. But there’s still more work to be done. See how we’re creating a future that includes PV everywhere. Learn more at Photovoltaic (PV) Research.
Courtesy of NREL.
