Featured in The Quality Issue – 04-2019

Final Thought: A new dawn

Benedikt Ortmann, Managing Director of BayWa r.e. Solar Projects
Benedikt Ortmann will be delivering a presentation at the Future PV Roundtable at The smarter E Europe, in which he will set out the boundary conditions under which subsidy-free PV power plants can be developed in Europe. | Image: BayWa r.e.

We’ve finally reached the tipping point in the European solar energy production. With falling LCOE (levelized cost of electricity) for solar, driven by the decreasing cost of solar modules, last year for the first time the industry achieved the ultimate level of ‘grid parity’. This means that solar energy can generate power at a LCOE …

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