Gallery: Solar Energy Reaches Grid Parity in India and Italy

Solar-Thermal Plant by BrightSource Energy
 

Renewable energy just hit a new landmark in India and Italy, as Deutsche Bank reports that solar power is finally available at the same cost as traditional electricity in the two countries. The bank’s global solar demand forecast for 2014 also predicts that demand for solar power will soar 20% – particularly in China, the U.S. and the U.K. The German bank expects India and Italy’s achievement to inspire other countries, making solar power accessible to even more consumers.

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