Solar now ‘cheaper than grid electricity’ in every Chinese city
Projects in every city analysed by the researchers could be built today without subsidy, at lower prices than those supplied by the grid, and around a fifth could also compete with the nation’s coal electricity prices.
They say grid parity – the “tipping point” at which solar generation costs the same as electricity from the grid – represents a key stage in the expansion of renewable energy sources.
SOURCE: CARBON BRIEF
tags: energy solar energy