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Cost of Solar Energy Generation to Compete with Traditional Sources as U.S. and China Reach Grid Parity by 2017

May 25, 2012 -- In the U.S., solar PV technology is expected to reach grid parity for some PV projects in 2014, and by 2017 most regions in the country are expected to reach grid parity in alignment with average electricity prices in the residential sector. China is also due to witness similar developments, with grid parity for solar expected to reach in most regions by 2015-2016. >>More