Cheap Photovoltaics Are Eating Solar Thermal's Lunch

According to a recent report from Pike Research, of the 6,886 MW of CSP projects awarded in the United States since 2004, 36 percent have been replaced with PV. That's more than the number which are actually under construction (1,532 MW, or 21 percent of announced projects), and all of those required the backing of the U.S. DOE loan guarantee program.

Source: http://www.renewableenergyworld.com/rea/news/article/2011/12/cheap-photovoltaics-are-eating-solar-thermals-lunch?cmpid=rss

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