Nick Gogerty

Solar Generation Costs on Track to Achieve Grid Parity

last year Solar grew 40-50% in production with roughly 4gw produced. Global nameplate electric capacity is roughly 4,000gw=4Tw. solar produces at roughly 30% of nameplate meaning the world produced 1.33gw of comparative capacity. the effective price of solar varies as a function of insolation (sun/sq/meter/yr). There is more than enough head room for even a solar "niche" of a few 100GW, which at a fully levellized parity cost would be a $900-1,000b/year market.