29 Jan '15, 2pm

“The notion that solar is expensive is over” @thema1berlin @RenewablesNews

“The notion that solar is expensive is over” @thema1berlin @RenewablesNews

The report by Thema 1 , based in Berlin, used the German experience of solar power to project the outlook for solar costs in Britain and its impacts on utilities. Solar is already leading new changes in the power market and will overtake both gas and coal to become the number one global power generation technology in terms of annual installations. Solar hardware costs have fallen relentlessly over the last decade and Britain will also benefit from a maturing supply chain which will enable fully system costs to converge with those in Germany. Renewable energy has overturned power markets in Germany, a development marked by the decision by E.ON, the country’s largest utility, to focus solely on renewables and energy services. E.ON said its strategy was a result of rising renewable energy competitiveness and investment. “The notion that solar is expensive is over” said Guido ...

Full article: http://www.renewableenergymagazine.com/article/relentless...

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