http://qz.com/871907/2016-was-the-y...cheaper-than-fossil-fuels-just-wait-for-2017/
The most important points of the article:
The most important points of the article:
- Solar and wind is now the same price or cheaper than fossil fuels in more than 30 countries, the WEF (World Economic Forum) reported in December.
- The US added about 125 solar panels every minute in 2016, about double the pace last year, reports the Solar Energy Industry Association.
- The solar story is even more impressive after accounting for new distributed solar on homes and business, which pushed the total installed capacity to 11.2 GW. But global investment in renewable energy still lags far behind levels needed to avoid potentially catastrophic global warming, according to the United Nations.
- In August, energy firm Solarpack contracted to sell solar electricity in Chile at just $29.1 per megwatt hour, 58% below prices from a new natural gas plant.