24 Feb '15, 3pm

SunEdison expects strong US Solar growth post-ITC

SunEdison expects significant US market growth post-ITC, contrary to the general view that the US PV market would be hit hard by the tax benefit reduction. SunEdison’s CEO, Ahmad Chatila said at the company’s Capital Markets Day that it was targeting an all-in distributed generation (DG) installation cost of only US$1.5/W in 2017, which would enable retail grid parity in over 25 US States. Major renewable energy development company SunEdison expects significant US market growth post-ITC, contrary to the general view that the US PV market would be hit hard by the tax benefit reduction. SunEdison’s CEO, Ahmad Chatila said at the company’s Capital Markets Day that it was targeting an all-in distributed generation (DG) installation cost of only US$1.5/W in 2017, which would enable retail grid parity in over 25 US States. Chatila noted that its best-in-class fully-loaded OPEX (...

Full article: http://www.pv-tech.org/news/sunedison_expects_strong_us_s...

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