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The SunShot Initiative aggressively supports development of low-cost, high-efficiency photovoltaic (PV) technologies in order to to make solar electricity cost-competitive with other sources of energy by 2020. As of February 2014, only three years into the decade-long SunShot Initiative, the solar industry is already more than 60 percent of the way to achieving SunShot’s cost target of $0.06 per kilowatt-hour for utility-scale PV (based on 2010 baseline figures).

Data courtesy of the National Renewable Energy Laboratory. Chart by Daniel Wood.

SunShot advances PV efforts by: