US launches program "sun shot": 2020 solar cheaper than fossil fuels

Post date: Feb 5, 2011 8:57:34 AM

sun shot

2020: $1 per watt: Home 3kW = $3,000 + System = $5,000Energy Secretary Steven Chu dubbed the program a "sun shot"

that was patterned on President John F. Kennedy's "moon shot" goal in the 1960s

First Solar Arizona vs Suntech Power Holdings Co China

Lowest cost solar producer is thin-film panel maker First Solar Inc, which is based in Tempe, Arizona.

Suntech China sold 250 MW of solar panels in North America 2010, about 25 percent of the market

The U.S. Department of Energy will spend $27 million to reduce the costs of solar power by 75%

source: source: reuters.com

Overview articles Solarlife daily: solarlifedaily/overview

Stocks

Suntech Power Holdings Co Ltd

STP.N

$8.91

-0.17-1.87%

02/04/2011

SunPower Corp

SPWRA.O

$15.01

-0.23-1.51%

02/04/2011

First Solar Inc

FSLR.O

$157.94

-4.23-2.61%

02/04/2011source: reuters.com