Sunday, September 08, 2013

Huge Distributed Solar PV Uptake in US Predicted by Deutsche Bank

Credit: Deutsche Bank. Click to enlarge.
Energy analysts at Deutsche Bank are predicting a huge surge in the uptake of distributed solar PV in the United States, the world’s biggest economy and electricity market, saying solar PV installations could rise 7-fold in coming years and lift overall solar PV capacity to nearly 50GW by 2016.

The expected boom in distributed solar – installations placed on homes and commercial businesses – is based on predictions that solar PV module prices will continue to fall, grid prices will continue rise, and innovative financing options will provide ample and cheap capital.

Deutsche Bank Predicting Huge Distributed Solar PV Uptake in US

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