"Researchers at Queen’s University in Canada have compiled a comprehensive study of solar power plants and found that improvements in financing, and industrial streamlining could allow for the technology to become as cost-effective as traditional electrical sources. In other words, a much larger part of the globe could currently reach grid parity if cheap loans and better supply chains were available."
In other words, solar photovoltaics are not yet affordable without technological improvements in the supply chain and without subsidy in the form of below-market financing. I'm glad we've cleared that up.
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"Researchers at Queen’s University in Canada have compiled a comprehensive study of solar power plants and found that improvements in financing, and industrial streamlining could allow for the technology to become as cost-effective as traditional electrical sources. In other words, a much larger part of the globe could currently reach grid parity if cheap loans and better supply chains were available."
In other words, solar photovoltaics are not yet affordable without technological improvements in the supply chain and without subsidy in the form of below-market financing. I'm glad we've cleared that up.