Falling panel prices lead to global solar boom, except for the US

To the south of the Monte Cristo mountain range and west of Paymaster Canyon, a vast stretch of the Nevada desert has attracted modern-day prospectors chasing one of 21st-century America’s greatest investment booms.

Solar power developers want to cover an area larger than Washington, DC, with silicon panels and batteries, converting sunlight into electricity that will power air conditioners in sweltering Las Vegas along with millions of other homes and businesses.