Finally in Sight, $1-A-Watt Solar Milestone Shows Long Road Ahead
Narrated by Elizabeth Wells
- Released
- June 10, 2016
- Length
- 4 mins
- Format
- Article
- Publisher
- MIT Technology Review
GTM Research has forecasted that the cost of constructing large-scale solar power farms will fall below $1 per watt by 2020, marking a significant milestone toward cost-competitive, subsidy-free solar energy. This target aligns with the US Department of Energy’s SunShot Initiative, though there are important considerations to keep in mind as the industry progresses. The development signifies a major step forward, but the journey to widespread adoption still faces challenges ahead.
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