What are the technological advancements that have made solar power so much more economically viable over the last decade or so?

Question

What are the technological advancements that have made solar power so much more economically viable over the last decade or so?

In: 213

Answer 1

What are economics of scale? Better tools to make products, bigger factories, more automation, adjustments of all parameters to produce fewer deficient product, cheaper raw materials due to supply chain management, growing pool of machines that paid off acquisition costs.

All of those are both for the panels and for the machines that produce the panels and the machines that produce the machines that…. And so on.

No fancy new tech is needed. Mostly better usage and finances.