PV sector grows, grid parity paradigm shift near

The 2012 EurObserv’ER Photovoltaic Barometer has been released, focusing on developments in Europe regarding solar photovoltaic (PV) electricity generation for the year 2011. According to the report’s authors, growth continued, prices fell, and cell efficiencies rose; all of which indicate that grid parity is just round the corner for this renewable energy source in some countries.

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