Standard and Poor’s has released an article analyzing the PV solar market in the USA and has concluded that the prices are dropping (and approaching grid parity).
“Grid parity” is the holy grail target of the PV market, because at that point it will be financially neutral to use PV systems. The cost of electricity from PV will be the same as the cost of burning coal (for instance). In that case why wouldn’t we all use a renewable, unlimited, clean way to produce energy rather than a limited, finite, polluting method?
You can check out the article at: