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in Europe, analyzing greater than 150 countries covering 98 p.c of the world’s inhabitants, concluded: Grid parity happens when the unit value of renewable power is equal to the price that end users pay for their electricity.
This has diminished the feed-in-tariff for roof-prime PV installations, between 2008 and April 2012 alone, by 58 p.c—from 46.75 Euro-Cent/kWh to 19.5 Euro-Cent/kWh. The wind sector has also seen declines, with a mean 7 % decline in technology prices per 12 months, with an additional 7 p.c improvement in costs related to installation and operation. The costs of solar PV