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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. Falling capital costs and tech improvements are opening up new markets for offshore wind in India, Southeast Asia, and Australia over the next five to 10 years.

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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. We are already facing serious ramifications of fossil fuel emissions.

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