How the jaw-dropping fall in solar prices will change energy markets

The jaw-dropping bids for a massive solar plant in Abu Dhabi will help change the thinking about the future of energy markets. The price offered is one third the cost of local gas generation, and one fifth of the cost of the proposed new nuclear plant in the UK.

Solar price hits record low of 2.42c/kWh, and may fall further

JinkoSolar smashes solar cost record with a bid of 2.42c/kWh in an Abu Dhabi tender. But it’s not just the cost of solar PV that is falling dramatically, other technologies such as offshore wind and solar towers and storage are also coming down quickly, a big boost for climate action.

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