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. As a result, utility solar is now the cheapest power source in 11 out of 15 APAC countries.
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