Published on April 12th, 2014 | by Zachary Shahan9
Falling Solar Panel Prices Resulted In Global Boom In Solar In 2013, Less Total Investment
April 12th, 2014 by Zachary Shahan
In 2013, solar power capacity grew 26% while investment in solar power dropped 23%. There’s only one way that divergence makes sense — there was a continued drop in installed solar panel prices in 2013. Old news to CleanTechnica readers, but news that we continue to share, as it’s some of the most important news of the decade.
A new report from Bloomberg New Energy Finance and the United Nations Environment Programme goes into more details on renewable energy prices and renewable energy investment in 2013. Climate Central‘s Bobby Magill has written a great on the subject, so here it is as a repost:
By Bobby Magill Follow @bobbymagill The share of total global electricity production generated by renewable energy is climbing, mainly because solar photovoltaic systems are becoming less expensive, according to a report released Monday by the United…
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