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Solar now ‘cheaper than grid electricity’ in every Chinese city

Solar now ‘cheaper than grid electricity’ in every Chinese city
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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.

Read more:
https://www.carbonbrief.org/solar-now-cheaper-than-grid-electricity-in-every-chinese-city-study-finds

SOURCE: CARBON BRIEF

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