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Home > Asia's Developing Future > Solar energy use is growing fast as production costs plunge
Podcast: Asia's Developing Future
Episode:

Solar energy use is growing fast as production costs plunge
Category: Government & Organizations
Duration: 00:03:26
Publish Date: 2018-08-14 19:00:04
Description: Solar energy is growing fast as total capacity worldwide surges with the decline of solar-panel prices. It’s cheap and it works. How to further reduce the price of solar panels has become an important topic as solar electricity’s share of the overall energy supply grows globally. Several studies have focused on manufacturing and technological developments as the main reasons behind the most recent drop in global solar-panel prices. But a more recent study done for the Asian Development Bank Institute says that monetary variables, oil prices, and demand for solar panels due to environmental concerns also determine solar-panel prices. Read the transcript https://bit.ly/2waSto2 Read the working paper https://www.adb.org/publications/empirical-analysis-factors-influencing-price-solar-modules About the authors Farhad Taghizadeh-Hesary is assistant professor of economics at Waseda University, Tokyo. Naoyuki Yoshino is the dean of ADBI. Yugo Inagaki is an associate at PricewaterhouseCoopers Aarata Know more about ADBI’s work https://bit.ly/2MbErO1 https://bit.ly/2MlDL7P
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