SunShot Initiative Goals Highlight Progress towards Solar Proliferation and Affordability

SunShot Initiative Goals Highlight Progress towards Solar Proliferation and Affordability

As a variety of sustainability technologies advance in effectiveness and use, the industry’s iconic solar power developments continue towards meeting ambitious goals.

The global solar industry still stands to benefit from significant growth, as overall energy potential from harnessing the sun’s rays is very significant and has barely been fulfilled, and technology innovations can still lead us to doing so more widely and effectively.

When it comes to solar power, the U.S. has set a variety of goals to expand the creation of solar energy, as well as decrease the costs of doing so. The SunShot Initiative is part of the country’s extensive framework.

[The] Energy Department released the On the Path to SunShot reports, a series of eight research papers examining the state of the U.S. solar energy industry and the progress made to date toward the SunShot Initiative’s goal to make solar energy cost-competitive with other forms of electricity by 2020. The solar industry is currently about 70 percent of the way towards achieving the Initiative’s 2020 goals.

“Solar energy is an integral part of our nation’s ongoing energy revolution,” said U.S. Secretary of Energy, Dr. Ernest Moniz. “The U.S. has over 10 times more solar installed today compared to 2011 when the SunShot Initiative was first launched, and the overall costs of solar have dropped by 65 percent.”

Launched in 2011, the SunShot Initiative was created with the goal to reduce the cost of solar energy technologies by 75 percent within a decade across the residential, commercial, and utility-scale sectors.

Besides its iconic status and energy supply potential, Team Gemini seeks ways to apply solar technologies as a beneficial supplement to other components. This is most evident in Team Gemini’s sustainable agriculture applications using solar-powered Greenhouses—in this case, solar panels not only provide much of the operation’s energy supply, but also serve as dynamic shade for plants, where applicable.

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