GTM Research has found that India’s system competitive bidding, has produced record low solar pricing. India has utility PV system pricing of 65 cents per watt. This is 11 cents per watt cheaper than in China.
Solar energy cost in the USA and Germany are nearly double the price of solar in India.
The project is for the global price of solar power installations to continue to fall at about 4.4% per year. However, policy changes in regions or countries like the USA could increase prices where the policy has an impact.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.