New Record Set for World's Cheapest Solar Power
Posted by Big Gav in dubai, google, renewable energy, solar power, solar pv
10 years ago making solar power cheaper than coal seemed like a very long term goal. Now it is reality. I wonder if the dudes at Google who gave up on this goal feel a bit embarrassed now ?
Bloomberg reports that the developers bid as little as 2.99 cents a kilowatt-hour to develop 800 MW of solar power projects for the Dubai utility company - 15% below than the previous record set in Mexico. The lowest priced solar power has plunged around 50% in the past year - New Record Set for World's Cheapest Solar, Now Undercutting Coal.
Posts
