26 May '13, 1pm

Solar Grid Parity In 102 Countries (Map)

Solar Grid Parity In 102 Countries (Map)

This article was originally published on RenewEconomy . Here’s an interesting graph used by Suntech’s Stuart Wenham (sourced from Applied Materials) during a presentation at the Solar 2013 conference in Melbourne on Thursday. It highlights the extent of “grid parity” for solar PV across the world – it is now in 102 countries. This definition of “grid parity” is the cost of rooftop solar versus the cost of electricity sourced from the grid – this is sometimes known as “socket parity.” Most of the countries – though not all – are those with good solar resources and relatively high electricity prices. Australia reached “socket parity” several years ago. Wenham says that solar PV will fall a further 50% in costs up to 2020 – see our story today. He says that solar PV at a utility level will also challenge fossil fuels – as it already does in those with high gas and diesel cost...

Full article: http://cleantechnica.com/2013/05/26/solar-grid-parity-in-...

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