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Grid Parity Is Here | Solar Energy USA Blog Archive

Grid Parity Is Here

Posted on Thursday, August 5th, 2010 at 10:02 am by Solar Energy USA
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Well, maybe not everywhere but it won’t just be out West very soon.  Here is a great article I found thanks to the folks over at the ASES blog:

SolarTech’s Payne says commercial electricity users can benefit even sooner. “We’re at a tipping point on the next 12-to-24 months,” he says.

In the near future, several developments could make solar energy even more cost effective and coal-fired power more expensive.

 

The efficiency of the solar cells themselves has increased, with PV panels achieving an all-time high of 23 percent efficiency in the field, but Payne and others warn that won’t continue indefinitely.

Additional savings will come from squeezing supply-chain costs by “commoditizing” solar panel modules … and sourcing module components efficiently from materials firms … Standardizing installation procedures will also reduce labor costs.

“It’ll happen much the same way that Formula 1 car [technology] trickles down to mass production vehicles,” says Payne.

http://www.solarenergy-usa.com

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