The US Department of Energy (Department of Energy) said it will spend US$27 million on the hope of reducing solar energy costs by 75% by 2020, making alternative energy and petrochemical energy prices just as cheap. Minister of Energy Zhu Xiwen called the project Sun Shot, following the example of President John F of the 60s. Moon Shot of Kennedy, Moon Shot called for the United States to send astronauts to the moon.
Zhu Yuwen pointed out that if the cost of installing solar installations is reduced by 75%, the price of solar energy will be US$1 per watt, which is approximately US$0.06 per kWh, and it is hoped that solar energy and other forms of energy will go hand in hand.
The cost of installing solar panels currently exceeds 0.22 U.S. dollars per kilowatt-hour. After the subsidies of the federal government and the state government, the cost of some large-scale projects can slip to 0.15 U.S. dollars. Content from Global Photovoltaic Network Many US solar energy companies believe that the Chinese government has strongly supported domestic solar energy companies, so that Chinese solar energy companies can capture the market of American companies. Take Suntech as an example. The company has already entered Europe and the United States. It recently said it has sold 250 megawatt (MW) panels in North America, accounting for about 25% of the overall market. However, the solar generator with the lowest cost is the American manufacturer First Solar.
Global Photovoltaic believes that as manufacturers increase output substantially, the price of solar modules, which account for about half of the solar system price, has fallen sharply over the past five years.
The installation capacity of solar panels in the United States in 2010 is estimated at 1,000 megawatts, which is an increase from 2009. However, the contribution of solar energy to electricity use in the United States is still less than 1%. Coal-fired power plants are still the largest source of electricity supply, accounting for about 50%. Nuclear energy and natural gas each account for about 20%. Other renewable energy sources such as hydraulic and wind turbines account for the rest.
Sunpower co-founders Richard Swanson and Zhu Xiwen attended the press conference and said that the solar energy industry has the opportunity to halve the cost by 2020. Without the support of the Department of Energy, a reduction of 75% is impossible.
Zhu Yuwen pointed out that if the cost of installing solar installations is reduced by 75%, the price of solar energy will be US$1 per watt, which is approximately US$0.06 per kWh, and it is hoped that solar energy and other forms of energy will go hand in hand.
The cost of installing solar panels currently exceeds 0.22 U.S. dollars per kilowatt-hour. After the subsidies of the federal government and the state government, the cost of some large-scale projects can slip to 0.15 U.S. dollars. Content from Global Photovoltaic Network Many US solar energy companies believe that the Chinese government has strongly supported domestic solar energy companies, so that Chinese solar energy companies can capture the market of American companies. Take Suntech as an example. The company has already entered Europe and the United States. It recently said it has sold 250 megawatt (MW) panels in North America, accounting for about 25% of the overall market. However, the solar generator with the lowest cost is the American manufacturer First Solar.
Global Photovoltaic believes that as manufacturers increase output substantially, the price of solar modules, which account for about half of the solar system price, has fallen sharply over the past five years.
The installation capacity of solar panels in the United States in 2010 is estimated at 1,000 megawatts, which is an increase from 2009. However, the contribution of solar energy to electricity use in the United States is still less than 1%. Coal-fired power plants are still the largest source of electricity supply, accounting for about 50%. Nuclear energy and natural gas each account for about 20%. Other renewable energy sources such as hydraulic and wind turbines account for the rest.
Sunpower co-founders Richard Swanson and Zhu Xiwen attended the press conference and said that the solar energy industry has the opportunity to halve the cost by 2020. Without the support of the Department of Energy, a reduction of 75% is impossible.
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