The solar revolution of competitively priced solar systems has arrived 5 years ahead of schedule.
A revolutionary $2.69 per watt will be the global average solar price for an installed system during 2012.
http://www.cleanedge.com/sites/default/files/CETrends2012_Final_Web.pdf?attachment=true. See page 5 of the report. Just wow! At that price, solar competes with grid power in many locations in the world and USA.
The global average price was $3.47 per watt during 2011 and is projected to decline another 20% during 2012.
It is impossible to overstate the implications for world energy supply and energy industries of a $2.69 solar price in 2012 that will go below $2 per watt in about 5 years. These solar prices make solar energy as big an energy story as shale gas. Amazingly, most politicians and more than a few in the energy industry remain unaware.