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Solar stations: A matter of when, not if

Waikato's WEL Networks Limited is looking into the economic feasibility of solar power stations, replicating the success of similar schemes overseas.

Waikato's WEL Networks Limited is looking into the economic feasibility of solar power stations, replicating the success of similar schemes overseas.

The electricity infrastructure provider has been investigating photovoltaic cells – which convert light into electricity – for over a year.

Chief executive Julian Elder, chief executive of the told the Waikato Times the cost of photovoltaic cells had plunged around 80 percent to about $1.25 a watt in the past six months.

"It's always been a question of when will the cost of the units get down to the point where it makes it commercially viable," Elder said. 

He said it was now a matter of when, not if, solar stations would be an affordable possibility in New Zealand.