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Can solar energy compete with fossil fuels?

from By Stefanie Heerwig

From March 5: Taking more than four years to build and costing $2.5 billion, the Invanpah solar plant opened recently in California. The world's biggest solar plant is estimated to produce as much electricity as a coal- or natural-gas-fired power plant. And with tough renewable portfolio standards like in California, more of these plants are here to come. According to the Edison Electric Institute, such utility-sized solar plants will soon appear across the United States with 232 under construction, in testing or to be granted with permits. One question, however, remains: Can solar compete with fossil fuels in terms of price? more


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