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Monday, February 2, 2015

Renewable energy costs to drop 40 percent in next two years

renewable energy, solar power, biomass, geothermal, wind power, IRENA, costs, grid parity


A new report released by the International Renewable Energy Association (IRENA) has exceptionally good news for the future of renewable energy. Costs are set to drop by almost 40 percent in the next two years, with solar PV leading the pack in cost decreases, and “biomass for power, hydropower, geothermal and onshore wind… all now provid[ing] electricity competitively compared to fossil fuel-fired power generation.”


renewable energy, solar power, biomass, geothermal, wind power, IRENA, costs, grid parity renewable energy, solar power, biomass, geothermal, wind power, IRENA, costs, grid parity



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