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

It’s not any one thing, but many things combined. Economies of scale have kicked in, competition keeps prices low, incremental efficiency improvements over the past few decades have made the amount of power a single panel produces higher, electricity has gotten more expensive to produce by other means.