Mar 10, 2015

Within 15 years, solar will be a dominant energy source

ComputerworldSolar electricity is expected to become competitive with other forms of electricity in an increasing number of markets globally due to declining solar panel and installation costs, according to a new report.

By 2030, solar power will generate $5 trillion in revenue worldwide, a 10-fold increase over today, according to the report from Deutsche Bank (PDF).

Costs for deploying solar Deutsche Bank

Nearly every cost for installing solar, from panels to inverters, is on the decline. 

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