The wind and solar price crunch

The costs of wind and solar keep falling - and in a remarkably consistent way. And the falls are far from over.

Solar panel prices have been falling rapidly since late-2008, placing manufacturers under great strain but helping to make PV more viable for large-scale projects and rooftop installations. Solar is not alone either, with the cost price per megawatt of wind also quickly softening - and the price declines will continue for several years.

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