Researchers at the Environmental Energy Technologies Division of the Department of Energy's Lawrence Berkeley National Laboratory concluded a study on the costs of solar photovoltaic (PV) power systems in the U.S. and discovered that the average installed price for PV systems dropped dramatically in 2010.
President Bush outlined what he is calling the Advanced Energy Initiative in his State of the Union speech. Part of this initiative includes investment in solar technology. Specifically, the Department of Energy has chosen 13 Industry-Led solar projects. Click here for a list of the companies. The current total investment is $168 million and could increase to $357 million in three years, depending on the individual success of each project.