Solar, wind cheapest source of new generation in major economies – report

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Posted on: | Posted in: Industry News.

In its 2H 2018 LCOE Update, which has examined the cost competitiveness of nearly 7,000 projects and 20 technologies in 46 countries, BloombergNEF finds that solar and/or wind are the cheapest source of new energy generation in all major economies, apart from Japan.

“This includes China and India, where not long ago coal was king. In India, best-in-class solar and wind plants are now half the cost of new coal plants,” write the analysts in a statement released… read more

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