Solar is Cheaper than Fossil Fuels
Solar energy is no longer seen as an expensive energy option, but a cost-effective source of clean energy that can save people money.
It wasn’t long ago that it seemed like a fantasy for the cost of solar energy to be cheaper than fossil fuels.
Since 2018 battery storage costs have fallen by more than a third since and solar PV by 18%. With falling prices, Solar PV is winning the race to become the cheapest source of energy in most countries. New innovations, economies of scale and manufacturing experience show a bright future ahead for renewable energy.
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