Monday, November 20, 2017

World's cheapest solar power is generated in Mexico

Solar power generated in Mexico is, at the moment, the world's cheapest at as low as 1.77¢/kWh, according to data from Mexico's Centro Nacional de Control de Energía (Cenace). Mexico's low price for solar is just below that of Saudi Arabia, at 1.77¢/kWh, and is expected to continue to decrease to 1¢/kWh in 2019 or sooner. Mexico's Department of Energy recently announced the companies selected to complete new renewable power projects and the rates for which electricity will be sold. In this...

from Inhabitat - Green Design, Innovation, Architecture, Green Building https://inhabitat.com/worlds-cheapest-solar-power-is-generated-in-mexico
via Inhabitat

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