Cost of Solar Panels will fall Quicker Than Expected

...or, atleast, in Europe according to this BBC News article which reports that the EU Energy Institute claims that the cost of solar panels will fall due to the extended lifespan of the panels. It further indicates [as our common sense would also tell us] that the cost will continue to drop as demand increases and the industry grows. The article also refers to the term 'grid parity': "A key goal for solar is what is known as grid parity. That is the point when it is as cheap for someone to generate power on their homes as it is to buy it from the grid." Professor Wim Sinke, from Utrecht University in the Netherlands also told BBC News that: "The target of the sector as a whole is to reach grid parity in almost all of Europe over the next 10 years. So by 2020 we should have grid parity in most of Europe,".