SOLAR FACT

Solar is the cheapest electricity in history

In 2020 the International Energy Agency put it bluntly: in the sunniest spots with cheap financing, solar had become the cheapest source of electricity ever seen. Prices for panels have fallen by something like 90% over the past decade or so. The thing that was once a pricey science project is now, in much of the world, the cheapest way to make a kilowatt-hour.

Source: International Energy Agency, World Energy Outlook 2020

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