How New York Will Beat Johannesburg to Solar Grid Parity

By [email protected] Residential solar will be cheaper than grid electricity in New York, London and Munich well before it becomes so in sun-drenched Johannesburg, according to new research.

In fact, behind-the-meter solar already makes financial sense in New York and Munich, found a study published last month by the Centre for Climate Finance & Investment at Imperial College Business School in London, U.K. And it will achieve grid parity in the British capital from 2020, said the authors.

But in Santiago, Chile rooftop or industrial-scale solar will not be cost-competitive with grid supplies until 2025. In Bangalore, India, it will take until 2030. And

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