A Revolution is indeed Happening! The graph showing the - TopicsExpress



          

A Revolution is indeed Happening! The graph showing the plummet down in price of solar energy (and panels) is true because I was a victim by being an early adaptor or a trailblazer. My first 8 panels in 2008 cost me USD900/180 watts or USD5/watt. My subsequent import of 28 panels in 2009 cost me USD700/180 watts or USD3.88/watt. My local purchase of 50 panels in 2010 cost me P15,000/180 watts or USD 2.08/watt. Now market price is P50 to 75/watt or USD1.13 to 1.70/watt. I see it going down to USD 0.20/watt as panel printing technology gathers steam. It is just a matter of time when every roof will be covered with solar panels, even shanties. Cellphones from P70t in 1989 to P1t per piece in 2014, from USD5.00/watt to USD0.07/watt, if history repeats itself in panels. bloomberg/news/2014-10-29/while-you-were-getting-worked-up-over-oil-prices-this-just-happened-to-solar.html
Posted on: Wed, 29 Oct 2014 15:49:08 +0000

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