Solar Power Is Now the Cheapest Form of Energy in Almost 60 Countries
It's official: solar became the cheapest source of new energy in lower-income countries this year, giving both companies and governments alike another reason to ditch coal and gas for renewables. Data from Bloomberg New Energy Finance (BNEF) show that the average price of solar energy in almost 60 countries dropped to US$1.65 million per megawatt during 2016, just below wind at US$1.66 million per megawatt.
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