Why is PV bullish in the market? Can distributed photovoltaic power have a top opportunity?

Musk once said: Give me a place the size of a fingernail on the map of the United States, and I can build energy to supply the entire country. The way he said it was photovoltaic power generation + energy storage.

Although Musk likes to boast, he doesn’t seem to be exaggerating too much about his speculation about the prospects for PV. Why is the market so bullish on photovoltaic?

1, low cost

Since the last decade, photovoltaic power generation cost per kWh has dropped 89%, the average cost of electricity, is one of the lowest cost power sources in all types of power generation types.

2, short cycle time

Hydropower and wind power plant construction is difficult, China’s Three Gorges Dam construction completed took 15 years, relocated 1.13 million indigenous people, the cycle is too long, the cost is too high.

Relatively speaking, photovoltaic power generation is the most time saving power station installed, centralized photovoltaic power generation may still waste some time, but now the popular distributed photovoltaic power station, within 3 months to complete the construction of the power station, short and fast cycle, very suitable for capital investment construction.