14 Sep '12, 8pm

DoE Offers $10M Prize for Cheaper Roof Solar Installation Breakthrough

While solar hardware prices have fallen 400% in the past four years, the soft costs of installing solar energy systems remain stubbornly high. The SunShot Prize is meant to inspire innovative, sustainable, and verifiable business practices that reduce these soft costs to $1/W. Achieving this target will bring the SunShot goal of $0.60/W for residential system soft costs within reach by the end of the decade. During Phase I of the competition, winning teams will successfully deploy 5,000 small-scale (2-15 kilowatt) rooftop PV systems with non-hardware costs averaging $1/W. Phase II, which is intended to assess the business sustainability of the winning teams, calls for the installation of an additional 1,000 qualifying systems. The competition will run through 2015. The first-place winner will receive $7 million, second place will receive $2 million, and third place will re...

Full article: http://www.treehugger.com/solar-technology/doe-offers-10m...

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