In fairness, capitalist expansion is predicated on generating and reinvesting profit. If you build an array of solar panels and generate a revenue less than the installation+maintenance cost of the panels, you don’t have any more money to buy new panels and expand the grid.

That is, under a privatized system, anyway. If you’re a public utility and your goal is to meet a demand quota rather than raise revenue for the next round of expansion, profit isn’t your concern. You’re looking for the lowest possible installation/maintenance/replacement cost over the lifetime of the system, not the high margins per unit installed.

Incidentally, this is why vertically integrated private firms that consider electricity an expense rather than a profit center have been aggressively rolling out their own privately managed solar/wind arrays. When the concern is minimizing cost rather than maximizing revenue, and you can adjust your rate of consumption to match the peak productive capacity of your grid, then solar/wind is incredibly efficient.