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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

FEBRUARY 29, 2024

Source: Wood Mackenzie Asia Pacific Power & Renewable Services According to Wood Mackenzie’s latest analysis of the levelized cost of electricity (LCOE) for the Asia Pacific (APAC) region, the LCOE from renewables reached a historic low in 2023. Distributed solar, such as residential rooftop solar, saw a 26% decrease in 2023.

Asia 52
Asia Coal Solar Power 52
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

NOVEMBER 10, 2011

Solar’s competition is really fossil fuel, or in other words, the established way electricity is being generated. 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 We need a better paradigm.

Solar 246
Solar Future Energy New Jersey 246
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