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	<title>CleanTechGrowth.org, On Successful Venture Growth in the CleanTech Industry &#187; Lawrence Berkeley National Laboratory</title>
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	<description>On Successful Venture Growth in the CleanTech Industry</description>
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		<title>PV nears maturity threshold as last years showed a 30% cost reduction</title>
		<link>http://cleantechgrowth.org/2009/10/24/pv-nears-maturity-threshold-as-last-years-showed-a-30-cost-reduction/</link>
		<comments>http://cleantechgrowth.org/2009/10/24/pv-nears-maturity-threshold-as-last-years-showed-a-30-cost-reduction/#comments</comments>
		<pubDate>Sat, 24 Oct 2009 06:40:35 +0000</pubDate>
		<dc:creator>Job ten Bosch</dc:creator>
				<category><![CDATA[Industry analysis]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Lawrence Berkeley National Laboratory]]></category>
		<category><![CDATA[photovoltaic]]></category>
		<category><![CDATA[PV]]></category>
		<category><![CDATA[solar]]></category>
		<category><![CDATA[systems]]></category>

		<guid isPermaLink="false">http://cleantechgrowth.org/?p=17</guid>
		<description><![CDATA[The roll-out of grid-connected solar photovoltaic (PV) systems has increased. A report by Lawrence Berkeley National Laboratory summarized trends in the installed cost of grid-connected PV systems in the United States from 1998 through 2008.
Key findings of the analysis are as follows:
• The capacity-weighted average installed cost of systems completed in 2008 – in terms of real 2008 dollars per installed watt (DC-STC)4 and prior to receipt of any direct financial incentives or tax credits – was $7.5/Watt, a decline from $7.8/W in 2007 following several years (2005-2007) during which installed costs remained relatively flat. From 1998 to 2008, installed costs declined by about 3.6% (or $0.3/W) per [...]]]></description>
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