Deutsche Bank said that although the market in Europe had contracted, at least one third of new, small to mid size projects were being developed without subsidies. Multi-megawatt projects were being built south of Rome for €90c/W. This was delivering electricity costs (LCOE – with 80 per cent self consumption) of around €80/MWh (€8c/kWh)
Deutsche Bank: Solar, distributed energy at ‘major inflection point’
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