This question always comes out in a conversation about a solar project. Will costs continue to decrease? Should I wait to move on solar? Obviously with a 50GW global market, it’s becoming less of a barrier. But it yields an interesting discussion if you think about it. What did your computer or cell phone look like 10 years ago? 5 years ago? Technology improves and in solar’s case efficiencies will lower prices. Even if costs drop 50% over the next 15 years, solar has become too cost effective to ignore because the savings over time make up for the reductions in costs forthcoming.
- PV-Tech: PV costs to fall 50% by 2030, rivalling wholesale power prices – EUPVTP
- News & Observer: Hijacking conservatism in the renewable energy wars
- Solar Industry: Top 10 Solar States Have Strong Renewable Energy Policies
- Renew Economy: Victoria cracks down on discrimination against solar households
- PV-Magazine: EC to cut two more Chinese producers from minimum price agreement
- Greentech Media: The Land of Surf, Sun and Startups – 5 Promising Energy Companies Working in Hawaii
- Utility Dive:Florida solar advocates, utility backers face off in court over TPO ballot proposals
- Zacks: Why Solar Energy Stocks are Forming YieldCos
Opinions
Have a great day!
Yann