"Offensively cheap": Solar power is looking up

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rooftop solar

Chinese-made panels on rooftops across the world are changing the facts of life for big utilities.

Rooftop solar capacity in the Philippines is estimated to have almost doubled over the 12 months to April.

In the badlands of Chakwal, in north-central Pakistan, Bestway Cement is transforming plots of dry earth and olive and peach groves into a forest of solar panels.

Its efforts will add 6.34 megawatts of generation capacity by the end of the year, the company says, in addition to the 26 MW of photovoltaic cells currently in place. Already, solar generates over a quarter of the electricity powering its cement plant.

“It’s the only way we can compete,” says Abdul Waheed, the general manager at Chakwal, which produces over 3 million tonnes of cement per year. “Our rivals have already gone in this direction.”

Bestway and its competitors are among millions of businesses and households...

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