The prediction, made by Deutsche Bank’s leading solar industry analyst, Vishal Shah, is part of a report on Vivint Solar, the nation’s second-biggest solar panel installer. Shah believes Vivint Solar is doing so well that it will double its sales each year for the next two years.
The sharp decline in solar energy costs is the result of increased economies of scale leading to cheaper photovoltaic panels, new leasing models and declining installation costs.
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