The past decade has seen tremendous advances in solar power technology that are transforming how we generate, store, and consume energy around the world. As solar becomes more affordable and efficient, it is emerging as a mainstream energy source with the potential to significantly reduce global carbon emissions and usher in a new era of clean, renewable energy.
The Falling Costs of Solar Power
One of the biggest drivers of the solar revolution has been the dramatic decline in the cost of solar photovoltaic (PV) panels over the last 10-15 years. Technological improvements, economies of scale, and streamlined manufacturing have resulted in solar PV costs dropping by over 90% since 2009. This steep cost reduction has made solar power competitive with fossil fuels in many parts of the world. With further expected declines in solar costs, it is projected that solar will…
Read the full article originally published at usgreentechnology.com.