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Solar PV Cell Cost Has Decreased An Incredible 99% Since 1977 By Charley Cameron, 10/08/13


Business  (tags: Americans, business, consumers, corporate, economy, energy, Entrepreneurs, environment, ethics, farming, finance, GoodNews, goodnews, greenbuilding, investing, marketing, news, society, SustainableDevelopment, technology, world )

Ruth
- 314 days ago - inhabitat.com
'In June 1979 President Jimmy Carter made a huge investment by installing 32 solar panels on the White House roof. At the time, the price of photovoltaic cells hovered close to $40/watt...' PLEASE NOTE, SHARE!



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Comments

Ruth R. (215)
Thursday October 10, 2013, 12:53 pm
'In June 1979 President Jimmy Carter made a huge investment by installing 32 solar panels on the White House roof. At the time, the price of photovoltaic cells hovered close to $40/watt. Seven years later Regan took the panels off again, and when President Obama put the White House back on the solar track just a few months ago, the price of solar PV cells had dropped to $0.74/watt. The difference amounts to an overall trend that has not only brought solar to grid parity in some parts of the country, but slashed the price of solar PV cells by 99 percent since 1977.'

Read more: Solar PV Cell Cost Has Decreased an Incredible 99% Since 1977 | Inhabitat - Sustainable Design Innovation, Eco Architecture, Green Building
 

Ruth R. (215)
Thursday October 10, 2013, 12:54 pm
"Furthermore, a report from Navigant Research predicts that the price will continue to decline, causing the global solar PV market to exceed $134 billion by 2020, up a phenomenal 50 percent from this year. This means a potential 438 gigawatts of solar capacity will be added in the next seven years. Keep in mind, this year we are expected to see a record-breaking 36.7 gigawatts of solar PV capacity added."

Read more: Solar PV Cell Cost Has Decreased an Incredible 99% Since 1977 | Inhabitat - Sustainable Design Innovation, Eco Architecture, Green Building
 

Lauren Kozen (158)
Thursday October 10, 2013, 2:47 pm
Noted & Shared. Thanks Ruth.
 

Past Member (0)
Friday October 11, 2013, 8:46 am
Noted & Shared. Thanks Ruth.
 

Donna Hamilton (135)
Friday October 11, 2013, 8:50 am
Noted. Thanks, Ruth.
 

Dawn Mason (107)
Friday October 11, 2013, 9:26 am
Noted
 

Micheael Kirkbym (85)
Friday October 11, 2013, 9:51 am
Noted
 

Micheael Kirkbym (85)
Friday October 11, 2013, 9:51 am
Noted & posted
 

Pat A. (117)
Friday October 11, 2013, 10:09 am
Perhaps I could afford some by 2017!
 

Birgit W. (144)
Friday October 11, 2013, 6:14 pm
Thanks.
 
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