In recent years, incentives from the government to American solar startups combined with tough competition from Chinese manufacturers led to a steep drop in the price of commercial solar installations — roughly 50 percent since 2010, according to Victor Kane, manager of the Catalyst incubator program within the Department of Energy’s SunShot Initiative. The initiative aims to make the price of solar energy cost-competitive with electricity derived from other sources by the end of the decade.
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In recent years, incentives from the government to American solar startups combined with tough competition from Chinese manufacturers led to a steep drop in the price of commercial solar installations — roughly 50 percent since 2010, according to Victor Kane, manager of the Catalyst incubator program within the Department of Energy’s SunShot Initiative. The initiative aims to make the price of solar energy cost-competitive with electricity derived from other sources by the end of the decade.
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In recent years, incentives from the government to American solar startups combined with tough competition from Chinese manufacturers led to a steep drop in the price of commercial solar installations — roughly 50 percent since 2010, according to Victor Kane, manager of the Catalyst incubator program within the Department of Energy’s SunShot Initiative. The initiative aims to make the price of solar energy cost-competitive with electricity derived from other sources by the end of the decade.
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