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New Study: Solar Grid Parity Is Here Today

[source]
A new study reveals: the price of solar energy-generated electricity, calculated by a legitimate levelized cost of energy (LCOE) method, is now competitive in many regions with the price of electricity generated by conventional sources… Solar has gone past grid parity. Parity in this context means: “the lifetime generation cost of the electricity from PV being comparable with the electricity prices for conventional sources on the grid.” Cost for PV systems have came down by 50% during the past few years. What’s keeping these systems from a large-scale introduction is that financial institutions are still uncomfortable to cooperate.

[greentechmedia.com]

[picture – Sanyo solar ark]

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One thought on “New Study: Solar Grid Parity Is Here Today

  1. It’s an awesome piece of writing in favor of all the internet users; they will obtain benefit from it I am sure.

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