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What is Grid Parity?
Whenever you read or hear about solar energy, the topic of grid parity is one that is consistently brought up. Most recently, Vishal Shah, trusted Deutsche Bank analyst, released his 2015 report on the future of solar energy, claiming solar will reach “grid parity in most of the world by the end of 2017”(1). This is huge news for the solar energy industry and consumers alike. But, why?