The price of renewable energy has been dropping exponentially over the past decade—and shows no sign of reversing. In most of the U.S., it’s now become cheaper to build a new solar or wind farm than to keep an existing coal plant running.

Part of the reason is better technology—solar panels and wind turbines have gotten more effective at generating power. Economies of scale help, too: “When renewables get cheaper, we buy more, and then they get even cheaper and we buy even more,” one expert said.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

Court rules Alectra Utilities must pay Solar Power $14M right away after company loses stay bid

Previous article

Boston ranks 19th for solar energy among large cities

Next article


Comments are closed.