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Re: [alternativeenergy-224] Solar Power at Grid Parity Cost in Several Countries

From: Rohn B.
Sent on: Thursday, April 11, 2013 12:07 PM
Mean while in Tucson, the most progressive city in Arizona, Solar installers have laid off about half of their employees and we ship coal over a thousand miles (some even from Wyoming) for heat (guess the sun doesn't shine here).  Go figure.

From: Mitchell <[address removed]>
To: [address removed]
Sent: Thursday, April 11,[masked]:05 AM
Subject: [alternativeenergy-224] Solar Power at Grid Parity Cost in Several Countries

German bank reports solar power cost in India and Italy has reached grid parity

( —Germany's Deutsche Bank has released a report that
concludes that generating electricity using solar collectors has
reached grid parity—cost competitiveness with other industry standard
sources—in some countries. Analysts with the bank claim that both
India and Italy have reached grid parity and that other countries are
poised to do so over the next couple of years. Ads by Google
Affordable Solar Power - Solar Solutions That Fit Any Budget $0/Down,
Pay Nothing Out of Pocket - From the time
solar collectors were invented and made for sale, deriving electricity
using them has cost more than doing so from traditional sources—mainly
coal fired plants. Because of that, solar energy has not grown as fast
as some would like and its increased use in recent years has come
about only because of government subsidies. Over time however, prices
for solar panel components has slowly dropped making them much more
price competitive. To achieve grid parity, solar power must be cost
competitive with coal or other sources without relying on government
or corporate subsidies. The German Bank is particularly optimistic
about solar power price parity in India, the U.S., China, the U.K.,
Germany, Spain and Italy and because of that is forecasting a 20
percent (30 GW) increase in worldwide demand this year—it's already
pushed above 100 GW. They note that Germany alone accounts for
approximately a third of all solar power production, but project that
China will soon surpass that country because of a very strong push by
the government there. India too is making a strong push—the government
has set a goal of producing 20 GW by 2022. The U.S. is also making
strides with construction underway in the Mojave Desert of what will
soon be the largest solar farm in the world. Because of the optimistic
numbers seen over the past year, the Deutsche Bank is suggesting the
world is on a path that will mean moving from solar power as a
subsidized source to one that is considered sustainable much sooner
than industry analysts had predicted. Also, despite the large increase
in numbers of solar farms, and their size, the bank believes that
rooftop solar installations will lead the way to grid parity and that
it will happen without the traditional government subsidies used to
entice both commercial and residential customers.

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