German bank reports solar power cost in India and Italy has reached grid parity
Wednesday, April 10, 2013 - 11:01
in Mathematics & Economics
(Phys.org) —Germany's Deutsche Bank has released a report that concludes that generating electricity using solar collectors has reached grid parity—cost competitiveness with other industry standard sources—in some countries. Analysts with the bank claim that both India and Italy have reached grid parity and that other countries are poised to do so over the next couple of years.