Utility-Scale Solar Reaches LCOE Range Between 2–4¢ Per kWh In The USA (Record Low)
Utility-scale solar projects mean cost of solar energy is at a record low!
Utility-scale solar projects mean cost of solar energy is at a record low!
We have a reason to cheer! Lazard’s Levelized Cost of Energy Analysis – Version 12.0 has been released. There are times that I love numbers. And these are great numbers.
Seventy years ago during World War II the Wymeswold airfield in Britain was used to help protect the free world from barbarism of a kind unseen in Europe since the middle ages and of a scale unprecedented in history. Never before was so much owed by so many to so … [continued]
Content on this page requires a newer version of Adobe Flash Player. Update (December 2011): A recent study does a great job explaining how analysts systematically overestimate the costs of solar and also points out that solar has hit grid parity in some regions. Nonetheless, even this study doesn’t take … [continued]
A recent industry analysis by Lux Research projects the amount of solar power installed is to grow 15.5 percent per year, but revenues are to stay flat, until 2016. A report from Navigant Consulting discovered that the price of solar panels is down almost 20 percent as of August 2011. The information derived from these two reports show that the consumer is poised to benefit from the price reduction, while manufacturers can expect an almost flat profit margin for the next few years.