US solar installations jumped 76% in 2012.
There has been a dramatic fall in the cost of solar power generation. Solar is at grid parity in many countries such as Italy, Spain, Germany, Portugal, and in parts of the US such as the Southwest. That means it is as inexpensive to build a solar plant as a gas or coal one. The pace of technological innovation in the solar field has also accelerated, so that costs have started falling precipitously and efficiency is rapidly increasing.
Continue reading… “Shrinking cost of solar energy drives mega-projects around the world”
