Wednesday, July 16, 2008

SunPower to Cut Solar Power Costs In Half by 2012 (SPWR)

From earth2tech:
Solar cell and panel maker SunPower says that in just 4 years its technology, which is some of the most efficient on the market, will be able to produce solar electricity for half of the current price. SunPower’s VP of Technology & Development William Mulligan gave a talk Tuesday afternoon on reducing the costs while at the same time boosting the efficiency of solar power at the Intersolar conference. SunPower says its goal is to produce solar energy for 12 to 18 cents per kilowatt hour, a price point Mulligan says is attainable now, but only with the right subsidies and tax incentives....MORE