IRENA, photovoltaic power generation cost will decline by 13% in 2020 to 0. $048 KWH1

Solar photovoltaic (pv) net news: international renewable energy agency ( IRENA） Wednesday's report shows that onshore wind and solar photovoltaic ( PV) Technology will continue next year is lower than the cost of electricity produced by any fossil fuel sources, and thus to promote the development of zero carbon energy.

IRENA, said the trend for renewable energy prices have been confirmed, & other; In the absence of economic aid, onshore wind and solar photovoltaic power generation will continue to provide cheaper than low cost substitute for fossil fuels of the new power source. ”

the data compiled, concentrated solar power the global weighted average cost of last year than the same period last year dropped by 26%, biomass decreased by 14%, solar photovoltaic and wind power has fallen by 13% of the land, water and electricity dropped 12%, geothermal and offshore wind power has fallen by 1%.

in the past few years, Chile, Mexico, Peru, Saudi Arabia and the united Arab emirates solar photovoltaic (pv) at auction a record low, only 0. 3 $/ KWH.

reported that next year there will be more than three-quarters of the onshore wind and one 5 large solar photovoltaic power generation capacity is lower than the price of the cheapest new coal, oil or natural gas resources.

early last year, IRENA predicts that by 2020, onshore wind global average electricity costs can drop to zero. Below $049 per kilowatt-hour, solar photovoltaic power generation price will drop to zero. $055 per kilowatt-hour. But the new report shows, & other; In 2020 the potential cost of onshore wind fell by 8%, 0. $045 per kilowatt-hour, solar photovoltaic power generation potential costs fell by 13%, 0. $048 per kilowatt-hour. ”

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