GDP refers to the market value of all final goods and services produced within a country.
Fixed capital formation measures the value of new fixed assets by businesses, governments and households. It roughly shows how much of the new value added in the economy (GDP growth) is invested rather than consumed.
Investment in energy projects with private participation measures infrastructure projects in energy that directly or indirectly serve the public.
This metric measures the annual increase in the share of energy investment that goes towards solar.
This value represents the average total cost of an additional installed watt of solar capacity. It includes the cost of the PV module, inverter, balance of systems and installation. Our cost per Watt estimates were based on data from Green World Investor, Eco Friendly Mag and the U.S. Department of Energy.
Both upside and downside risks are discussed at length in the post.