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solar versus fossil fuels

LCOE from large scale PV fell 4% to $50 per megawatt-hour in six months

Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.

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