solar economics

The cost of generating energy from utility-scale solar and wind continues to decline and maintain competitiveness with the marginal cost existing fossil fuel-powered plants.

Costs have tumbled to such an extent that new-build LCOEs are catching up with marginal costs of non-renewables, says firm in update that finds storage is too becoming more competitive.

WoodMac: Innovative finance needed to further boost already sound economics of residential sector, with Germany, Italy and Spain all breaking even faster than the UK and France.

Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.

Enerlife and CEI Renováveis become winners of a tender renewable proponents say has dispelled notions that clean energy is costlier than fossil fuels.

Industry body: Urgent review needed for marginal loss factor system causing “unpredictable hits” to the financial viability of PV and others.

Concessional loans could shorten solar’s journey towards cost parity in Thailand and more developed emerging markets, says new BNEF study.

Germany and Spain to catch up the fastest amid boom set to multiply solar generation by 60 between 2015 and 2050, McKinsey finds.