Solar PV and wind are now the cheapest power sources globally, with hybrid systems increasingly delivering 24/7 electricity at fossil-competitive costs, according to an IRENA report.
IRENA finds world could save US$23bn per year if it replaced costly coal with cheaper solar and wind while Imperial College-IEA conclude green energy plays make more money at lower risk.
PV, onshore wind new-builds already the most competitive option for two-thirds of global population, BNEF review finds as lockdown dynamics unlock surge of cheap clean power.
