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Subsidies aside, DOE targets $0.03 per kWh solar to undercut fossil fuels by 2030

Published

11 August 2026

Topic

technology

Sectors

Clean Energy

Geography

United States

Source

Read at pv-magazine-usa.com

Verified

Fusion42 · 12 August 2026 · Fusion42 review

The U.S. Department of Energy aims to reduce unsubsidized utility-scale solar power costs to $0.03 per kWh by 2030, half of 2017 levels, to undercut fossil fuel electricity costs. The initiative is supported by federal capital, technology programs, and regulatory efforts focused on manufacturing, advanced solar tech, energy storage, and grid integration improvements.

This Wire brief sits within Fusion42's coverage of Clean Energy.

◆ The Wire takeaway

Solar power will challenge fossil fuel economics much sooner than expected, shifting project economics decisively. You must adjust your offerings and partnerships now to align with ultra-low-cost solar and storage tech driving market growth.

Coverage

1 source · 11 Aug 2026

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Topics

Clean Energysolarclean-energycost-reductionenergy-storagegrid-integration