DOE’s Sunshot Initiative Reaches Utility Solar Cost Target Three Years ahead of Schedule

The U.S. Department of Energy has announced new priorities for its SunShot Initiative after it met the utility-scale solar cost target three years ahead of schedule. The new funding programs will prioritize research on grid reliability, reflecting the growing role of solar in the generation mix. In addition, over the coming years, DOE would examine the costs and benefits of net energy metering to utilities, ratepayers, and the grid.