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I think the biggest statement in the article is The bottom line? Commonly used studies have listed dollars-per-watt of electricity as high as $7.61. According t

by jurjenh 15y ago

I think the biggest statement in the article is The bottom line? Commonly used studies have listed dollars-per-watt of electricity as high as $7.61. According to Dr. Pearce, the real cost in 2011 is under $1 per watt. That used to be the figure at which it would become feasible to convert to mass generation through solar... Maybe the timing is off, it came quicker than a lot of people expected, or else there are other factors still to be solved (availability?) Should be an interesting space to watch over the next 2-5 years, now that we've reached the $1/watt mark...

fpp 15y ago
This is indeed another confirmation of what I've heard earlier this year that 1kw can now be build for about $1000 (including inverters / control devices) - now put this knowledge into context - One of the biggest solar plants currently being planned / projected / soon to be build is in Greece with about 20km2 of area donated by the Greek state to build solar plant(s) up to 10+ GW (the numbers are only a few months old so not much change in efficiency here). This should finally also make it clear to everyone what really is wrong with renewables & the "energy industry" today. Simple arithmetic shows you that the consortium of the usual suspects (large energy conglomerates, quangos / PPPs, banks & private equity) is cutting themselves a premium of at least 100% for financing etc. And that does not include the frontloading of other cost, tax free revenues etc. At the same time smaller decentralized plants are being hindered with changes in legislation, feed-in tariffs, planning permissions and ridiculously high building cost. At least here in Europe.