Thursday, August 4, 2011

DOE Makes Strides in Reducing Solar-Energy Project Costs

Published: July 2011 ELECTRICAL CONTRACTOR Magazine

As part of the Obama administration’s SunShot Initiative to make solar energy cost-competitive with fossil fuels within the decade, U.S. Energy Secretary Steven Chu announced the availability of more than $27 million in new funding that will reduce the nonhardware costs of solar-energy projects, a critical element in bringing down the overall costs of installed solar-energy systems.

The funding will support a $12.5 million challenge to encourage cities and counties to compete to streamline and digitize permitting processes, as well as $15 million that will be made available to advance innovations in information technology systems, local zoning and building codes and regulations, and more. These process improvements and innovations will help increase U.S. competitiveness in the global solar industry and will play an important role in achieving President Obama’s goal of doubling America’s electricity from clean-energy sources.

“These investments under the SunShot program can help to transform the solar-energy industry by addressing significant challenges to solar-energy deployment, including permitting and installation,” Chu said. “Innovations in IT and local business processes, such as online permit applications, can deliver significant savings for solar-energy systems and will help America to compete globally in this growing market.”

Both funding opportunities focus on reducing “nonhardware balance of system” costs, which generally refer to the costs of installing solar systems not associated with the solar panels, mounting hardware, electronics, etc. These “soft costs,” including the capital required to pay for siting, permitting, installation, and the cost of connecting the systems to the grid, can represent up to 40 percent of the total cost of the solar-energy system. Read More at >>

Read more about the DOE’s $50m investment in solar manufacturing to advance SunShot goal >>

Leave a Reply

Social Networking

Subscribe to the RSS Feed

Archives by Month:

Recent Posts

NECA Launches New Online Tool for Financing Energy Efficiency and Renewable Energy Projects

March 25, 2014

What’s the U.S. Market Share of Electric Vehicles?

February 5, 2014

600 IBEW Electricians and NECA Contractor, Motor City Electric, Light Up the Auto Show

January 30, 2014

LEDs Can Change Color

January 20, 2014

Top Energy Technologies to Watch in 2014

January 15, 2014

Keep Your Finger on the Market With AEL Regulatory Tracker Tool

January 8, 2014

» View all

Recent Tags

American Recovery and Reinvestment Act | biomass | Chevy Volt | DOE | ECOtality | EDTA | Education | electric vehicle | Electric Vehicles | energy | Energy Audit | energy efficiency | Energy Forum | Energy Projects | energy solutions | EV | GE | green | Green Energy | Jobs | Las Vegas | LED | LEDs | LightFair | lighting | Lighting & Controls | NECA | Nissan | Nissan Leaf | Obama | plug-in | Plug-In 2011 | Power | PV | Salimando | Smart Grid | solar | Solar Energy | Stimulus Package | Tax Incentives | Training | USGBC | webinar | wind | wind energy

Created by Matrix Group International, Inc.