Solar To Hit Grid Parity by 2020?

It’s just one analyst, but that will be an interesting tipping point:


“Solar PV modules are increasingly becoming commoditized as costs steadily decline and research paves the way for further cost reductions. Module costs have fallen from around $4 per watt in 2006 to below $1 per watt in some regions by 2012, driving solar power toward grid parity in mature retail energy markets.


‘By the end of 2020, solar PV is expected to be cost-competitive with retail electricity prices, without subsidies,...

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Published on July 13, 2013 09:35
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