Solar is already cost-effective today
Solar is the most versatile form of electricity
Solar is key to meeting international climate goals
Today, solar is one of the cheapest forms of electricity globally. Solar PV panel prices have dropped 80% since 2009 and COP-15 in Copenhagen.
Solar is already the least cost option in many regions and will become increasingly competitive. According to Bloomberg New Energy Finance, utility-scale PV system costs will halve by 2040 to only $0.69 per watt ($2014).
Solar is the most versatile and democratic form of power available because it can be used in many sizes and applications anywhere in the world.
Solar can make significant contributions towards meeting international climate goals. Starting in 2022 and beyond, more emissions-free solar will be installed than any other energy source, including all fossil fuels combined.