Now, to get us over the hump on solar power, DOE is offering a total of $10 million in prize money to the first teams of Americans that can figure out how to cut through the red tape and make solar installation cheaper on a sustainable basis. It might be the first time the government has offered such a huge reward for finding a way to get around the government.Read more »
"The price of PV modules (Solar Photo voltaic) has fallen by 75 per cent since 2008, and some 45 per cent in 2011," said Kobad Bhavnagri, lead clean energy analyst, Australia, for Bloomberg New Energy Finance. "Every time global production of PV modules has doubled, the cost has fallen by 24 per cent," he said.Read more »
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