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New study shows solar energy soon to be cheapest option

from Clean Technica

Solar power is set to become the cheapest power source in many parts of the world by 2025, according to a new study by the Fraunhofer Institute for Solar Energy Systems commissioned by Agora Energiewende. The independent think-tank of 18 experts conclude that by 2025 the cost of producing power in central and southern Europe will have declined to between 4 and 6 cents per kilowatt hour, and by 2050 to as low as 2 to 4 cents. more


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