"Solar power to trump shale, helped by US military": Telegraph.

Ambrose Evans-Pritchard in the Telegraph: “The US Navy will derive half its energy supply from renewables by the end of this decade¬† ….”The US Defence Department is racing ahead. This could be like the semiconductor industry in 1980s where the military changed the game,” said Jeremy Leggett, chairman of Solarcentury.” ….”The quest for renewables has quietly become a national endeavour of the world’s paramount superpower, still home to 18 of the world’s top 20 universities. ….The US Energy Department expects the cost of solar power to fall by 75pc between 2010 and 2020. By then average costs will have dropped to the $1 per watt for big solar farms, $1.25 for offices and $1.50 for homes, achieving the Holy Grail of grid parity with new coal and gas plants without further need for subsidies.
….”This could take off very fast and catch a lot of people by surprise. The oil and gas industry is starting to smell that renewables are really dangerous for them,” said Mr Leggett.
Like all solar survivors, he has emotion invested in his dream, and the prospect of vindication is sweet. What is new is that big global banks are starting to agree.
….Solar technology is advancing on every front with the rush of history. ….The race is on: somebody, somewhere, is soon going to deliver grid parity with a clarity that silences all critics. Then we can all forget about subsidies for solar, and tax it instead, a future cash cow.
Goldman Sachs published a report last week entitled Time to renew interest in renewables?, a straw in the wind perhaps.
The message is to shun static – dare I say Luddite – assumptions about the limits of solar power. “Human ingenuity should not be underestimated,” it said. Nor should the US military be underestimated.”