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Chu: Solar Power on Track For Cost Parity With Fossil Fuels

September 26th, 2011 | by Silvio Marcacci

Even before Solyndra filed for bankruptcy, the U.S. clean energy industry was facing an uncertain future because of the slow economy, low-cost overseas competition, and political gridlock in Washington, D.C. But in spite of these headwinds, Energy Secretary Steven Chu says clean energy cannot be abandoned and is on track for cost parity with fossil fuels. In this exclusive one-on-one interview, energyNOW! anchor Thalia Assuras discusses the outlook for clean energy funding, the Obama’s Administration’s plans to advance energy technology, and global competition with Secretary Chu.

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