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US Energy Department Claims the Cost of Solar Power will Fall 75% by 2020

Not one to shy away from overstatement, Ambrose Evans-Pritchard is not a writer we would normally quote extensively; well-renowned as the Telegraph newspaper is, for which he frequently writes in the Business section, but his article last week on solar power trumping shale gas even had us sitting up and taking notice.True, many of the figures quoted in his article come from firms involved in the solar industry and as such we can expect them to put a positive gloss on the numbers, but we wouldn’t count the US Energy Department to be biased…

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via OilPrice.com Daily News Update http://oilprice.com/Alternative-Energy/Solar-Energy/US-Energy-Department-Claims-the-Cost-of-Solar-Power-will-Fall-75-by-2020.html

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