Breakthrough: Solar Electricity For The Same Cost As Grid

Dec 18, 2008 8:24 AM
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Breakthrough: Solar Electricity For The Same Cost As Grid

Reports are coming out that a 12 megawatt solar electric generating system built by First Solar is producing electricity for the same cost as traditional electric production. The breakthrough is of significant importance to the widespread adoption of solar electric generation.  The solar plant, located in Nevada, is producing electricity for $.075 per kilowatt hour compared to $.09 for conventional generation.

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