According to a new study from the National Renewable Energy Laboratory (NREL), the key to driving down the overall cost of solar implementation may lie in targeting property owners considering new roofs or entirely new construction. The report, titled Cost-Reduction Roadmap for Residential Solar Photovoltaics (PV) 2017-2030, supports the U.S. Department of Energy’s (DOE) goal of reducing the cost of solar electricity to just 5 cents per kilowatt-hour (kWh) by 2030.
It was a wild week in the solar industry, full of unforeseen product releases and a controversial solar pricing report that was released by the government. An NREL report that confirmed price inflation by SolarCity and other top solar installers, Tesla’s big solar panel reveal and exciting growth in solar storage in certain states are the three stories we’re studying from this week’s Solar News Report.
A number of interesting developments emerged this week in the space of technical innovation and environmental protection with one common theme: solar. Solar’s momentum is as strong as ever now that wearable solar batteries do not need to be charged, NREL has forecasted $400 billion in environmental benefits from solar and Nevada homeowners may receive net-metering protection.
Adoption of renewable energy technologies has exploded across the world in recent months, and thanks to the bright summer sun at our doorstep, solar growth shows no sign of stopping. News of Prince’s solar energy advocacy, SolarCity’s newest loan product and 90 percent renewable energy generation in Germany are the headlines we’re reading in this week’s Solar Energy News report.
Solar finished off the month of March with another strong, momentous week in its rapidly expanding industry. New solar integration into cloud computing, NREL data that has doubled prior estimates for solar and innovation in solar rooftop modeling via online software are the top headlines from this week’s Solar Energy News.