The cost of generating electricity from the sun will compete with conventional power delivered on a grid in half the world by 2015, according to Suntech Power Holdings Co. (STP), the world’s largest photovoltaic panel maker.
“Solar is getting so cheap,” Chief Executive Officer Zhengrong Shi told Bloomberg Television today in an interview in Davos. “We believe by 2015, there will be around 50 percent of countries that reach grid-parity.”
“Solar is getting so cheap,” Chief Executive Officer Zhengrong Shi told Bloomberg Television today in an interview in Davos. “We believe by 2015, there will be around 50 percent of countries that reach grid-parity.”
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