17 Aug '11, 2pm

Solar Could be as Cheap as Coal by 2015, Chinese Report Says

Reuters reports on the part of the study that has the solar world talking: The solar feed-in tariff, the price of solar-generated electricity, could drop below 0.80 yuan (12.5 cents) for each kilowatt-hour (kWh) by 2015, which would be on par with conventional coal-fired power tariffs by that time, according to s report by the Energy Research Institute, led by the National Development and Reform Commission (NDRC). The optimistic finding has the solar industry buzzing. This morning, the Solar Trade Association sent out a notice stating harping on the Chinese report. Its chairman, Howard Johns, said in a statement that the "news that Chinese researchers anticipate solar could be as cheap as coal power by 2015 follows many reports this year predicting solar is set to achieve a major cost breakthrough with sustained investment today." The finding is pretty consistent with othe...

Full article: http://www.treehugger.com/files/2011/08/solar-cheap-coal-...

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