Utility solar dethrones coal as the cheapest power source in Asia
Baua Electric
FEBRUARY 29, 2024
China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. Distributed solar is becoming increasingly enticing for customers in many Asia Pacific markets, with costs now 30% below rising residential tariffs in countries like China and Australia.
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