Solar Energy Can Generate 4.2% of U.S. Power Supplies by 2020
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Solar power may meet 4.2 percent of U.S. electricity supplies by 2020 as lower costs make investments more attractive, according to a report from Bloomberg New Energy Finance.
Investments in solar energy reaching $100 billion during the next decade would boost capacity to 44,000 megawatts, up from 1,400 megawatts today, the London-based research and analysis company said today in a statement.