Houston, Palo Alto Make Big Renewable Energy Buys
Utility-scale plants are offering renewable energy at prices that are hard to beat.
Utility-scale plants are offering renewable energy at prices that are hard to beat.
Putting solar on the roof made it easier to refinance too.
The key to Deutsche Bank's analysis is the emergence of unsubsidized markets in many key countries.
Solar can't compete with dirty, old coal plants, but it can compete on price with new coal plants.
Last year, solar PV costs fell an impressive 11%-14%, but incentives are also trending down.