Everyone is impressed with the cost reductions in solar modules over the last five year, dropping from $3.25/Wp in 2008 to below $0.70/Wp in 2013. This trend has made solar power competitive with fossil fuels in many markets, and has left many other technologies, such as amorphous silicon or concentrating PV, in the dust. This dramatic cost reduction also has significant implications for the design of a solar array, and even in which components should be used elsewhere in the system. In particular, the cost reduction of solar modules is having a major impact on the racking designs in solar – with implications for the winners & losers in that sector.
via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1elA8DG