June 28, 2017

FASTER, PLEASE: Solar Costs Are Hitting Jaw-Dropping Lows in Every Region of the World.

How low can you go? Mind-blowingly low 65-cents-per-watt solar system pricing emerges in India.

This may sound a little repetitive, but it’s impossible to ignore: The decline in solar costs is not slowing down.

GTM Research expects a 27 percent drop in average global project prices by 2022, or about 4.4 percent each year. Those improvements are not limited to the U.S. They are occurring globally, and in some cases resulting in even sharper price declines than those America is experiencing.

Perhaps no commercial good adds more to human wealth, health, and happiness than cheap and abundant energy.

Well, except in California.

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