Solar Report Stunner: Unsubsidized ‘Grid Parity Has Been Reached In India’, Italy–With More Countries Coming in 2014 | ThinkProgress

See on Scoop.itE-mobility and renewable energy

Deutsche Bank just released new analyses concluding that global solar market will become sustainable on its own terms by the end of 2014, no longer needing subsidies to continue performing.

Sass Peress‘s insight:

With solar power reaching grid parity at a cost level this year, we are going to see a literal explosion of solar power. Forecasts are being increased and prices are still predicted to continue falling to incredible levels by 2015! Amen…

See on thinkprogress.org

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