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And we’re down under $1… July 22, 2016

Posted by Maury Markowitz in Uncategorized.
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It was bound to happen sooner or later, but there’s not a single person on the planet that would have seriously predicted I’d be posting this in 2016:

Utility scale solar in the US is currently installing for under $1/Wp. In Europe it’s expected to be 80 to 85 cents/Wp in the next 12 to 18 months.

Monosilicon panels, the expensive ones, are going for 53 cents/W today, and the expectation is that they’ll be 50 cents/W by the end of the year.

Power purchase agreements are going in at under 5 cents/kWh, and are signing at 4 cents for projects coming online in 2017.

So┬áthat’s basically that.