23 Sep '11, 2pm

Solar Power Costs Dropping Dramatically. 11% in 6 Months. : TreeHugger via @TreeHugger

Image credit: USFWS Mountain Prairie used under Creative Commons license. No wonder corporations like Wal-Mart are going big with their solar plans , even Fox is promoting solar technology (sort of), and conservative friends of oil and coal are stepping up their anti-clean energy efforts . Solar is dropping dramatically in price, and it is beginning to look like a serious competitor to the status quo of energy production. In fact, the installed cost of solar dropped 11% in the first 6 months of 2011. So what's going on? We've already seen promising signs that solar could be cheaper than coal in parts of Europe by 2013 , but predictions are only worth so much. What is perhaps more exciting is that the installed cost—meaning the combination of the hardware costs, and the installation costs—of solar power have dropped consistently over the last few years. And they've done so ...

Full article: http://www.treehugger.com/files/2011/09/solar-power-costs...

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