03 Mar '15, 8pm

Solar PV at grid parity in 80% of globe by 2017: pv-magazine:

Solar PV at grid parity in 80% of globe by 2017 02. March 2015 | Financial & Legal Affairs , Markets & Trends , Global PV markets | By: Jonathan Gifford A new report from a MENA region bank shows that solar will be at grid parity within two years in 80% of the world. The Middle East's leading bank, the NBAD, presented the report on Sunday, concluding that the recent DEWA solar auction demonstrated that solar is competitive with oil at $10/barrel and gas at $5/MMbtu. CSP and PV projects are being developed in the gulf states to close the energy gap.Enviromena Power Systems The National Bank of Abu Dhabi (NBAD) presented its Financing the Future of Energy Report at the Global Financial Markets Forum currently underway in Abu Dhabi. It concluded that growing energy demand would require $48 trillion in investment over the next 20 years to close the energy demand and supply gap...

Full article: http://www.pv-magazine.com/news/details/beitrag/solar-pv-...

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