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Energy Secretary Jennifer Granholm. Photo: Joshua Roberts/Getty Images

The Energy Department is aiming to help lower solar power costs by 60% over the next decade as the Biden administration looks to greatly speed up deployment of solar and other climate-friendly sources.

Why it matters: The target, paired with new funding for development of more advanced solar tech, is among Energy Secretary Jennifer Granholm's first initiatives.

And it's part of a broader administration push to have various zero-emissions-generating sources together provide 100% of U.S. power by 2050 — a massive expansion that will require a suite of policies and Capitol Hill help.

By the numbers: DOE today said they're targeting solar costs of 3 cents per kilowatt-hour by 2025 and and 2 cents by 2030.

  • It replaces a prior goal of hitting that 3-cent target by 2030 and comes as costs have already been coming down for years.
  • "In many parts of the country, solar is already cheaper than coal and other fossil fuels, and with more innovation we can cut the cost again by more than half within the decade," Granholm said in a statement.
  • Solar has grown a lot in recent years, but still represents just 2.3% of total U.S. power, per the Energy Information Administration, which is the DOE's independent statistical arm.

Yes, but: Driving down costs further is just one element of vastly scaling up solar power deployment.

Other needs include expansion of batteries and other forms of storage to pair with intermittent renewable sources, and new transmission infrastructure.

What's new: DOE today announced roughly $128 million in new funding for various solar efforts, including $40 million for various outside R&D and performance validation initiatives for technologies that use a family of materials called perovskites.

  • Another part of the funding is $20 million for National Renewable Energy Laboratory consortium to bolster development of lower cost cadmium telluride solar cells, which are currently less common than silicon tech.

Go deeper

Latino community of 13-year-old killed by police in Chicago reels after shooting

A small memorial of flowers and candles to Adam Toledo in Chicago. Photo: Kamil Krzaczynski/Getty Images

Residents of Little Village, a well-known and predominantly Latino neighborhood in Chicago, are grieving the death of Adam Toledo, a 13-year-old Mexican American boy from the neighborhood who was shot and killed by a police officer on March 29, NBC News reports.

Why it matters: Adam Toledo's killing shines a spotlight on police shootings of Latinos, who are killed by law enforcement at the second-highest rate after Black Americans, according to data from the Washington Post.

Super typhoon Surigae explodes to Cat. 5 intensity

Super Typhoon Surigae seen on satellite imagery Saturday morning east of the Philippines. (CIRA/RAMMB)

Super Typhoon Surigae surged in intensity from a Category 1 storm on Friday to a beastly Category 5 monster on Saturday, with maximum sustained winds estimated at 190 mph with higher gusts.

Why it matters: This storm — known as Typhoon Bising in the Philippines — is just the latest of many tropical cyclones to undergo a process known as rapid intensification, a feat that studies show is becoming more common due to climate change. It weakened slightly, to the equivalent of a strong Category 4 storm, on Sunday.

4 hours ago - World

Biden adviser warns "there will be consequences" for Russia if Navalny dies

The Biden administration warned the Russian government "that there will be consequences" if jailed Russian opposition leader Alexei Navalny dies, National Security Adviser Jake Sullivan told CNN on Sunday.

The big picture: Sullivan also defended President Biden for not mentioning Navalny in a Thursday speech about Russia or in a Tuesday call with Russian President Vladimir Putin, saying the White House aims to deal with the issue "privately and through diplomatic channels."