The Energy Department announced a new competition in conjunction with its SunShot Initiative. The initiative’s goal is to make solar energy competitive with other forms of energy without subsidy by the end of the decade.
The SunShot Prize will be awarded to the first three teams to design small-scale photovoltaic (PV) systems that repeatedly demonstrate non-hardware costs of $1 per watt (W). The overall goal of the SunShot Initiative is to reach $0.60/W for soft costs by the end of 2020.
Phase I of the competition will require winning teams to successfully deploy 5,000 small-scale rooftop PV systems with $1/W soft costs. Phase II, intended to assess the business sustainability of the systems, will require teams to install an additional 1,000 systems.
The first place winner will receive $7 million and the title of Winner of America’s Most Affordable Rooftop Solar Prize. The second place winner will receive $2 million, and third place will receive $1 million.
Visit the SunShot Prize website for registration and competition details.
Advertisement
Related Stories
Sustainability
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers
Sustainability
Study Shows More Home Builders Adopting Green Building Practices, Products
A new study finds a marked increase in the number of home builders embracing eco-conscious, sustainable practices and products
Codes + Standards
Public Comment Period Opens for 2024 National Green Building Standard Update
The 45-day public comment period opened Aug. 18, and comments must be submitted by Oct. 2, 2023