PV panels are still way too expensive for them to be contenders for serious power production. They fill a niche well but aren't suitable for grid power.
Concentrating solar power, on the other hand, is already competitive with fossil fuels. And that's without subsidies. Some of the early CSP systems weren't very efficient and costs were too high, especially the Rankine cycle systems that need lots of water for their turbines. But current systems like the Stirling Energy Systems unit work well. The basic 25kW unit uses about the same materials and manufacturing technology as that to produce a mid-size car. In volume it should cost about $1 per watt to produce. And after that there are no externalities since there are no consumables and no emissions.
Those aren't home units. They are for small neighborhoods and when installed in farms can provide grid power.
^^ the 15-20 year thing is pretty much true, but mostly on things like panels and such and not the whole system ( although other smaller things may need replacing ). This is another reason I wanted something small and portable and not perm.
however, anyone quoting 100k ( so I am sure it was 50k, which still sounds high ) should be shot
i don't have at home.
my teacher say that solar power efficiency is max 20% and so expensive.
need about 8 years so you can get the money back from capital cost
and solar power just can use about 10-15 years
PV is under 20% efficiency. CSP can be 30% or higher and is cheaper to manufacture.