GE Breakthrough Aims to Cut Solar Costs in Half

GE Breakthrough Aims to Cut Solar Costs in Half
Washington DC (SPX) Oct 28, 2011 - Despite great leaps in solar panel technology, the biggest obstacle hindering their widespread use is quite pedestrian: stubbornly high installation costs. While the cost of panels has dropped by half since 2007, total installation costs, which include panels, labor and additional equipment, declined just 20% over the same period. Charlie Korman, manager of Solar Energy programs at GE's Gl ... more