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Results demonstrate sustained economic competitiveness of solar PV.
September 30, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
The modeled costs to install solar photovoltaic (PV) systems continued to decline in the first quarter of 2016 in the US residential, commercial, and utility-scale sectors, according to updated benchmarks from the Energy Department’s National Renewable Energy Laboratory (NREL). Driving the cost reductions were lower module and inverter prices, increased competition, lower installer and developer overheads, improved labor productivity, and optimized system configurations. “The continuing ...
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