May 2010
The cost of utility-scale solar projects is falling due to module production efficiency improvements and economies of scale. The presence of significant federal subsidies is also improving the economics of solar power. Utilities in various states are signing power purchasing agreements (PPAs) in order to comply with Renewable Portfolio Standards (RPS) and the solar project pipeline is growing rapidly. But investor appetite may prove limited amid a tight financing market and an uncertain outlook on federal subsidies, commodity prices and climate legislation. [Read More]