U.S. Solar PV Market — Prices Go Up, Prices Go Down
NREL’s Latest PV Cost Benchmark Reports on Potential Cost Impacts of Inflation Reduction Act (IRA) Manufacturing Credits, Costs for Community Solar, and a New Transparent Cost Model
NREL’s Latest PV Cost Benchmark Reports on Potential Cost Impacts of Inflation Reduction Act (IRA) Manufacturing Credits, Costs for Community Solar, and a New Transparent Cost Model
Solar power costs have dropped to a record low — for the world, in all of history. However, we need them to go lower.
I wrote about the newest US Solar Market Insight Report this morning to provide an update on US solar power capacity added in the first half of 2020, including in relation to other energy sources. However, there’s much more to cover in the report, so let’s go through some of those charts again as well as other ones.
The cost of utility-scale US solar energy is currently 59% cheaper than what industry analysts predicted back in 2010 it would be by now, according to a new report from the Energy Department’s National Renewable Energy Laboratory (NREL) and the Lawrence Berkeley National Laboratory (LBNL). In addition to that rather … [continued]
Originally published on Solar Love. We’re in the midst of a massive cleantech revolution. Solar power is beginning to disrupt the hell out of the power industry. Electric vehicles are on the verge of putting gasmobiles to sleep. Wind power is already one of the cheapest options for new electricity generation in the world — if … [continued]