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New translation, the Magna Carta

  solar cell investments to reach parity with semiconductor industry by 2010

“ [...] PV cell makers Q-Cells AG and REC Group said they expect a reduction in PV system costs by 40 percent from 2006 to 2010.

“With these cost reductions, many regions throughout the world will soon reach grid parity - a point at which PV electricity costs the same or less than power derived from the electrical grid. PV grid parity is expected beginning 2012 in nations where sunshine is plentiful and constant, and 2018 in areas of the world with adequate or medium sun exposure.”

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