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Solar Power to Grow Sixfold as Sun Becoming Cheapest Resource

2016-06-25 20:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The amount of electricity generated using solar panels stands to expand as much as sixfold by 2030 as the cost of production falls below competing natural gas and coal-fired plants, according to the International Renewable Energy Agency. Solar plants using photovoltaic technology could account for 8 percent to 13 percent of global electricity produced in 2030, compared with 1.2 percent at the end of last year, the Abu Dhabi-based industry group said in a report Wednesday. The average cost of electricity...

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Category:Electronics and Electrical

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