Grid Parity
In November 2012, First Solar announced that its manufacturing cost had fallen to 67 cents per watt, a 6-cent decrease from February 2012. By 2015, it expects to drive down cost per watt to make solar modules to between 52 and 54 cents. The biggest driver of the lower costs is better efficiency.
Read more about this topic: First Solar
Famous quotes containing the word parity:
“The U.S. is becoming an increasingly fatherless society. A generation ago, an American child could reasonably expect to grow up with his or her father. Today an American child can reasonably expect not to. Fatherlessness is now approaching a rough parity with fatherhood as a defining feature of American childhood.”
—David Blankenhorn (20th century)