New research can identify opportunities to drive down the cost of renewable energy systems, batteries, and many other technologies.
New research can identify opportunities to drive down the cost of renewable energy systems, batteries, and many other technologies.
The cost of solar panels has dropped by more than 99 percent since the 1970s, enabling widespread adoption of photovoltaic systems that convert sunlight into electricity.
A new MIT study drills down on specific innovations that enabled such dramatic cost reductions, revealing that technical advances across a web of diverse research efforts and industries played a pivotal role.
The findings could help renewable energy companies make more effective R&D investment decisions and aid policymakers in identifying areas to prioritize to spur growth in manufacturing and deployment.
Read More: Massachusetts Institute of Technology (MIT)
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