DECC secretary of state for energy and climate change Ed Davey has said that he is “absolutely convinced” the falling costs of solar will make it the cheapest form of energy available in the coming years.
Solar Power Portal spoke to the minister as he visited the offices of China-headquartered panel supplier ReneSola in East Sussex last week. Davey praised the recent work of the UK solar industry and asserted that there is a strong case for investing in renewable energy.
“The people I talk to, whether they’re in financial institutions or research labs, are showing very clearly that solar costs are going to come down and down, so it will be the cheapest form of electricity, I’m absolutely convinced about that.”
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