Big Drop in Solar Costs Projected for 2010
According to a just-released report form New Energy Finance, the levelized cost of going solar by the end of 2010 will be about 50 percent of what it was in 2008.
A news brief on Environmental Leader explains that levelized means
the lifetime cost per kilowatt hour before subsidies.
The New Energy Finance report compares the levelized costs of various energy sources, including geothermal and wind, as well as solar. Envrio Leader says that
Thin-film solar can cost as little as $3 per watt of installed capacity, making it the least expensive option – about 25 percent less than crystalline silicone systems. Prices for photovoltaic projects with tracking systems have not declined as much, however.
I recently started out making my own solar panels – I used some video guides I found and it’s working out excellent!
Chere Seabreeze
30 Mar 10 at 12:33 pm