A Brighter Future: Solar PV in Ireland

A Brighter Future: Solar PV in Ireland

Solar PV is rapidly becoming cost competitive, not only against other renewables but also against conventional forms of generation.

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A Brighter Future: Solar PV in Ireland

The costs of solar fell by 80% from 2008 to 2013, and we estimate that a large scale ground mount project in Ireland would now cost in the region of €150/MWh. The costs of solar PV will continue to fall, with increased volumes worldwide driving cost reductions in module manufacture, and continued technological innovation. It is currently at or very close to ‘grid parity’ in many markets around the world, and is forecast to become the cheapest electricity generating technology over the coming decades.
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KPMG is at the heart of business in Ireland.