September 1999 - Solar energy could become competitive in the short-term with conventional electricity, according to a report by business consultants and accountancy firm KPMG, commissioned by Greenpeace.
The KPMG report, "Solar Energy: from Perennial Promise to Competitive Alternative", calculates that one large-scale solar PV (1) factory which produces five million solar panels a year (equivalent to 250,000 homes, each with a two kilo watt system) could reduce the cost of solar power by a factor of four making it price competitive for domestic consumers with electricity produced from conventional sources.
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Greenpeace press office on 020 7865 8255/6/7/8.
