The point when the cost of solar electricity generation falls below that of the cost of the network is the real threat to traditional utilities, a new report has warned. […]
Tag: grid parity
Distributed rooftop solar is the new ‘shale’ for US energy market
A new US report has described solar energy as the new “shale,” predicting it will transform power markets, with large-scale solar expected to reach grid parity in nearly 75% of […]
Unsubsidised solar will be cost-competitive with fossil fuels in 80% of global market by 2017
Within 2 years solar systems will be at grid equality, in up to 80 per cent of the global market, and the oil price will do nothing to slow down […]
Solar grid parity comes to Chile, other countries not far behind
Large-scale solar has reached grid parity with wholesale electricity prices in one South American country, and will soon do so in other countries around the world, a new European study […]
Citigroup: Energy diversification a necessity, solar’s rise a certainty
A leading investment bank has predicted a bright future for the global solar market, with continued rapid expansion driven by “pure economics.” In a new report from Citigroup, the bank […]
SolarCity chief says solar growth will be ‘infinite’ once grid parity is reached
SolarCity CEO Lyndon Rive has forecast ‘infinite’ growth in the global solar market, as soon as unsubsidised solar PV is able to generate energy at a lower cost than traditional […]
Solar stocks shining according to HSBC index
As solar manufacturers claw their way back from a two-year market slump, solar stocks are outshining all other sub-indices in the global market to deliver the best returns over the […]
Solar with energy storage already reaching grid price parity in some areas: RMI
A new study from the Rocky Mountain Institute finds that parity for rooftop solar and energy storage is closer than anyone thinks – in fact for some states in the […]
Solar energy to be cost competitive with coal and nuclear by 2020: McKinsley
According to a recent report, Solar Energy is set to establish equivalent costs with brown energy sources by 2020. Poised to deepen the market share in clean energy sectors worldwide, […]
Solar power reaching grid parity in parts of NSW
Even taking into account the overhead cost of purchasing a solar power system, the price of solar has for the first time dipped below below that of coal-fired generation in […]
RECs, STCs: The need for price stability (SMH)
The solar power industry is looking to the Federal government to provide some assurance over the price of Renewable Energy Certificates (RECs), known as Small-scale Technology Certificates (STCs) for smaller, […]
What is grid parity and what does it mean for solar power?
Grid parity is often described as the holy grail for solar photovoltaics (solar PV or solar power) and other forms of renewable power generation. What is it, exactly? Grid parity […]
