31 Dec '16, 8pm

@WeiPeng_Pton

Steep solar equipment cost declines are catalyzing growth. PV investment in Climatescope countries has grown more than 11-fold since the turn of the decade from $6.4bn in 2010 to $71.8bn in 2015. This jump is also illustrated by installed capacity, which surged from 289MW built in 2010 to 49.3GW constructed in 2015. That latter figure is equivalent to South Africa’s generation capacity today. Among all clean energy technologies, PV has seen its costs fall fastest and furthest over the last decade. This has allowed capital expenditures (capex) for projects in Climatescope countries to drop by more than half since 2010. It has also allowed PV project developers to sell their power at lower, more competitive rates.

Full article: https://www.bnef.com/dataview/climatescope-2016/index.htm...

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