And we’re down under $1… July 22, 2016Posted by Maury Markowitz in Uncategorized.
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 that’s basically that.