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

posted Feb 5, 2011, 12:57 AM by Solar Life   [ updated Feb 5, 2011, 1:27 AM ]


sun shot

2020: 
 $1 per watt: Home 3kW = $3,000 + System = $5,000
Energy 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



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