Solar energy prices hit tipping point as China reaches ‘Grid Parity’

The world’s most populous country has reached a tipping point in the pursuit of renewable energy. China, which aims to consume 20 percent of its energy from non-fossil fuels by 2030, has reached a point where home-generated solar is cheaper than electricity generated from the national grid. The research, conducted by researchers in both Sweden and China and published in the journal Nature Monday, mark an historic moment in the drive to ditch fossil fuels.

By Editorial Team August 14, 20190

The world’s most populous country has reached a tipping point in the pursuit of renewable energy.

China, which aims to consume 20 percent of its energy from non-fossil fuels by 2030, has reached a point where home-generated solar is cheaper than electricity generated from the national grid.

The research, conducted by researchers in both Sweden and China and published in the journal Nature Monday, mark an historic moment in the drive to ditch fossil fuels.

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