Initiatives of U.S. Department of Energy to Reduce Cost of Photovoltaic Energy Systems

                   Solar energy, which is abundantly available and assumed as viable solution for energy crises due to depletion of conventional energy resources; it is essentially needed to reduce Cost of Photovoltaic Energy Systems so as to make them cost-competitive with other forms of energy. U.S. Department of Energy (DOE) launched SunShot Initiative with aim to reduce the total costs by about 75 percent, of photovoltaic solar energy systems, and SunShot calls for achieving this goal by the end of the decade. The SunShot Initiative will help to make Photovoltaic Energy Systems cost-competitive with other forms of energy without subsidies.