27 Mar '14, 7pm

Cost of Solar Breaks Even With Conventional Power In Germany, Italy and Spain

Cost of Solar Breaks Even With Conventional Power In Germany, Italy and Spain

The cost of solar energy has been a main focus of attention ever since panels started to appear on more and more household rooftops. This is why, Eclareon , an European-based renewable energy and energy efficiency consultancy company, took on the task to investigate the extent to which solar has been integrated into the international energy market. Their findings indicated that solar energy in Europe now costs just as much as any other non-renewable energy, while in the examined countries across the ocean, high installation costs are still standing in the way of generating competitive solar power. The study is based on data collected from Italy , Spain , Germany , France, Brazil, Mexico and Chile. The researchers, who shaped up the report , took into account the standard 30 kilowatt solar power system in all these countries, and drew conclusions on the so-called “leveled c...

Full article: http://www.greenoptimistic.com/2014/03/27/cost-solar-brea...

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