If The Price Of Solar Falls As Fast As Other Technologies, The World Can Breathe Easier
Fast Company, 28 Jan 2016
If solar power prices fall in line with other technologies, we could see continued price-drops of 10% a year. That’s according to an historical analysis of 53 technologies that finds a distinct pattern in how major innovations perform over time.
If so, the world could generate at least 20% of its electricity from the sun by 2027, researchers say, and thus allow us to move more swiftly away from fossil fuels than some official projections have indicated.
Read full article