PV prices coming down.

Is Solar Power going to give the UK the energy it needs for the 21st century?

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ecoworrier
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PV prices coming down.

Post by ecoworrier »

http://www.amerisolar.us/

Amerisolar have just gained MCS approval in the uk and with the new feed in tariff to be announced in January,
PV will at last become a good financial investment. With increased competition I expect to see prices falling in the new year. 8)


http://www.microgenerationcertification.org/
breezyenergy
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Post by breezyenergy »

Really? We hope this ture, so that more and more people can use this green energy products!
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emordnilap
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Post by emordnilap »

breezyenergy wrote:Really? We hope this ture, so that more and more people can use this green energy products!
Oh, I hope this ture too, I truly do.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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RenewableCandy
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Post by RenewableCandy »

I'm looking into it. Looks as if you can get the LCBP grant and the FIT all in one go at the moment, in which case you'd get (with a set of prices I've seen lately) a "return on investment" of over 7% !
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emordnilap
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Post by emordnilap »

Actually, there a similar thread in 2008, that 2009 should see serious competition and reduced prices in PV.

And? Did it happen?
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
contadino
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Post by contadino »

emordnilap wrote:Actually, there a similar thread in 2008, that 2009 should see serious competition and reduced prices in PV.

And? Did it happen?
Nah! Of course it didn't. And it's not gonna happen now either.

PV prices are ratcheted alongside other energy costs. If gas or electric goes up, so does the price of PV. Add a grant scheme into the mix, and prices go up accordingly.

Costs for PV have gone down now that the likes of Shell have got out of the business. So now it's just a nice little earner for manufacturers.
ecoworrier
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Post by ecoworrier »

We are selling wholesale for £1.58 a watt (15 panels or less).
We'll have to see when they announce the feed in tariff next week how much it will be for definite.
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WatchMeRise
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Post by WatchMeRise »

what happened? I know nothing about Solar. My assumption is that with PV prices coming down it can only mean glory for Solar panels and their influence on green home heating. This is very good news. I am interested to see how some of the communities that have been considering alternative energy react. Hopefully we can keep the movement going.
Last edited by WatchMeRise on 11 Apr 2011, 18:21, edited 1 time in total.
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biffvernon
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Post by biffvernon »

Solar panel installations may surge in the next two years as the cost of generating electricity from the sun rivals coal-fueled plants, industry executives and analysts said.

Large photovoltaic projects will cost $1.45 a watt to build by 2020, half the current price, Bloomberg New Energy Finance estimated today. The London-based research company says solar is viable against fossil fuels on the electric grid in the most sunny regions such as the Middle East.
http://www.bloomberg.com/news/2011-04-0 ... -boom.html

It does rather look as though there's a trend on pv prices.
An Inspector Calls

Post by An Inspector Calls »

biffvernon wrote:
Solar panel installations may surge in the next two years as the cost of generating electricity from the sun rivals coal-fueled plants, industry executives and analysts said.

Large photovoltaic projects will cost $1.45 a watt to build by 2020, half the current price, Bloomberg New Energy Finance estimated today. The London-based research company says solar is viable against fossil fuels on the electric grid in the most sunny regions such as the Middle East.
http://www.bloomberg.com/news/2011-04-0 ... -boom.html

It does rather look as though there's a trend on pv prices.
http://www.bloomberg.com/news/2011-04-0 ... -boom.htm/

Doesn't work.
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lancasterlad
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Post by lancasterlad »

Lancaster Lad

Who turned the lights off?
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Post by An Inspector Calls »

So PV will halve in cost by 2020?

Present economic rate of production ~£0.50/kWh - pays back in ~15 years.
2020 economic rate of production ~£0.25/kWh for a 15 year payback.

I can hardly wait!
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