Utility solar dethrones coal as the cheapest power source in Asia
Baua Electric
FEBRUARY 29, 2024
Wind power isn’t far behind While solar is surging ahead in terms of cost-effectiveness, onshore wind isn’t far behind despite costs being 38% more than solar in 2023. But while low costs support a continued boom in renewables investments, there is concern among investors on profitability, grid integration, backup, and energy storage.
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