Mid-way through 2017, end-market demand for PV modules remain in flux as the regulatory landscape in China and the U.S. continues to impact demand. Corrine Lin provides her analysis.
The latest long-term forecast from analysts Bloomberg New Energy Finance (BNEF) predicts solar energy costs to drop a further 66% by 2040, and onshore wind by 47%. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China.
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