08 Sep

Solar in Texas is hitting parity, an interesting inflection point

Link via Robert J. Bennet on twitter. Solar is hitting parity. Some people’s heads are going to explode

“But the Barilla project is unique in Texas because its developers – confident that their electricity can compete on the open market – have forged ahead without signing a power purchase agreement, which would guarantee a buyer for their energy. 

Texas, because of its size and intense radiation, leads the nation in solar energy potential. Much of that resource is in the state’s western half, according to the State Energy Conservation Office. The industry has long struggled to get a foothold in the state, as policymakers have provided fewer incentives than other states, and solar energy currently makes up a tiny fraction of Texas’ energy portfolio.

But improving technology has driven down the price of solar power, making it more competitive with other resources­ – even without incentives, developers say. “

(Via West Texas Solar Plant Comes Online | The Texas Tribune.)