Earlier this week the US National Renewable Energy Laboratory (NREL) published its 2021 Annual Technology Baseline (ATB) document, detailing the continued reduction in the levelised cost of electricity (LCOE) of the country’s core generators. Liam Stoker takes a look at the data and discusses just how cheap solar, and solar-storage, could become.
The cost of building and operating new utility-scale PV is now cheaper than running existing coal plants in China, India and across much of Europe. However, rising commodity prices could see PV projects become temporarily more expensive in the second half of 2021, according to BloombergNEF analysis.
Global inverter supplier FIMER has announced the launch of two new platforms for the utility-scale solar sector that are designed to serve both decentralised and centralised systems
New solar and wind assets in the US are now cheaper to operate than nearly 80% of existing coal-fired generators in the country and could replace the asset class while delivering numerous benefits to consumers, a report has found.
Having been hailed as the new king of electricity markets, Liam Stoker charts solar’s journey up until this point, explores how it has earned the crown and poses the question: what next for PV?
Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers.
Solar PV modules based on 210mm cells produce the best levelised cost of energy (LCOE) and deliver improved balance of system (BOS) costs, according to an evaluation conducted by independent advisory DNV GL.
