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$10 Million Prize
Views: 228
Sep 12 2012 07:30 PM | eds in Solar Power
Energy Department's SunShot Prize makes a total of $10 million in cash awards available to. . . the first 3 teams that repeatedly demonstrate that non-hardware costs,
. . . or price to plug in, can be as low as $1 per watt (W)
. . . for small-scale photovoltaic (PV) systems on American homes and businesses.
This ambitious target represents a decrease in the "soft costs" of solar energy systems
. . . including:
. . . permitting,
. . . licensing,
. . . connecting to the grid and
. . . other non-hardware costs—by more than 65%
Hardware prices have fallen 400% in the past 4 years,
Soft costs of installing solar energy systems remain stubbornly high.
Source: $10,000,000-