In anarticle in today’s NewYork Times (”A Solar Start-Up Rakes In Capital“), Warren Hogarth, a partner at Sequoia Capital, (early investor in Apple, Google andYahoo) said that price parity between solar and “utility” power is uponus. Sequoia, for one, is pouncing on the opportunity.
“We’re seeing early signs of an inflection point in the market where the cost of offering a solar solution is becoming cheaper than utility pricing,” said Hogarth.
According to the article, “over the past year, photovoltaic moduleprices have fallen about 40 percent due to oversupply and increasingcompetition with Chinese companies.
Says Hogarth, “We’re moving from people buying solar because it’s anice thing to do to buying solar because it makes economic sense.”
A Hybrid Mobile Solar Power System for Hollywood Lights
World’s largest mobile solar power system hits movie sets
You may also like
28 JunPure Power Distribution
On June23rd, Sustainable Industries announced the winners of its sixth annualTop 10 Green Building Products ...