When the SunShot Initiative launched in 2011, it set the goal of making solar electricity cost-competitive with conventional sources of electricity by 2020. Since then, solar deployment has grown more than tenfold in the U.S. with more than one million solar installations currently operating across the country. The cost of solar energy has also dropped as much as 65%. As a result, the industry is approximately 70% of the way toward meeting the SunShot 2020 goals.
Read the full article here: http://energy.gov/eere/sunshot/path-sunshot