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Quantifying the impact of R&D on PV project financing costs

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By David Feldman; Dr. Becca Jones-Albertus; Dr. Robert M. Margolis

For PV to continue competing with alternative energy sources, the cost of financing solar
projects must fall. David Feldman, Rebecca Jones-Albertus and Robert Margolis of the US National
Renewable Energy Laboratory explore ways in which research and development can boost PV
competitiveness

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The solar industry endured an eventful 2018 with the US establishing its trade tariffs on module imports and China hitting the brakes on deployment, yet, through sheer determination, everyone ended the year feeling fairly optimistic. There is lots of cause for hope in 2019. Module prices are down for the timebeing, seeding subsidy-free markets. We are on the cusp of technological gains that can tilt that balance even further in solar’s favour. Traction with energy storage is clearing up grid headaches and creating new sources of revenue. Our ultimate 2019 briefing addresses all this and more. Our regular Storage and Smart Power section, meanwhile, includes an in-depth look at California’s vibrant market as decrees turn into deployment.

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