Solar power in Spain: now for just 3.8 cents/kWh and up
Spanish Solar: BayWa Re has turned some heads in political circles with the introduction of a new project in Spain. Its electricity price of 3.8 cents/kWh, along with a conscious decision to abstain from any feed-in tariffs, have called into question the conventional wisdom of the energy market.
Another paradigm shift unfoldsIn locations with ideal conditions solar power is now cheaper than wind energy.Evaluation of major global tenders over the past few years impressively demonstrates the rapid decline in the cost of PV, but the best values can only be achieved in regions without customs constraints that unnecessarily raise the price of the …
Advertisement
Advertisement
Advertisement
Advertisement