Smart Energy

Brian & Karen on Just about Everything

Archive for the ‘price per watt’ tag

Big Drop in Solar Costs Projected for 2010

with one comment

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.

Share

Written by Brian

November 29th, 2009 at 1:12 pm