With the advent of $1.00-per-watt (DC) pricing for utility fixed-tilt PV systems, the solar industry has crushed the SunShot Program’s $1.00-per-watt goal for 2020 three years early.In early 2011, Steven Chu, Secretary of the U.S. Department of Energy (and a scientist), along with Dick Swanson, founder of SunPower, christened the DOE’s SunShot initiative. Swanson cited DOE’s early support of SunPower as a factor in SunPower’s success.At the time, $1.00 per watt seemed more aspirational than real — but one needs a North Star. The intrepid analysts at GTM Research were tracking utility solar at close to $4.00 per watt in early 2011.
Prometheus TweetsMy Tweets
- Sandy 5 Years Later: Is the Northeast Closer to Grid Resilience?
- Ohio’s Clean Energy Mandates Are Back on the Chopping Block [GTM Squared]
- How Big Dollars Are Catalyzing India’s Small-Scale Solar Market
- Electric Cars in China Are On Track for a Record Year
- The People’s Republic of Storage? [GTM Squared]
- Why Local Means Nimble in the Volatile Solar Manufacturing Space
- Oil and Gas Gets an Invite to the Marine Renewables Party
- FERC Faces Barrage of Comments on DOE’s Coal, Nuclear Cost-Recovery Rule
- Renewables May Become the Netflix of the Energy Sector
- AMS Beefs Up Leadership Team With SolarCity’s Grid Services Guru