15-12-2016, 09:30 PM
This year has seen a remarkable run for solar power. Auctions, where private companies compete for massive contracts to provide electricity, established record after record for cheap solar power. It started with a contract in January to produce electricity for $64 per megawatt-hour in India; then a deal in August pegging $29.10 per megawatt hour in Chile. That’s record-cheap electricity—roughly half the price of competing coal power.
World Energy Hits a Turning Point: Solar That's Cheaper Than Wind
https://www.bloomberg.com/news/articles/...-than-wind
World Energy Hits a Turning Point: Solar That's Cheaper Than Wind
https://www.bloomberg.com/news/articles/...-than-wind
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