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Solar now 'cheaper than grid electricity' in every Chinese city, study finds
Carbon Brief Translate This Article
12 August 2019
On 12 August 2019 Carbon Brief reported:
Solar power has become cheaper than grid electricity across China, a development that could boost the prospects of industrial and commercial solar, according to a new study. Projects in every city analyzed by the researchers could be built today without subsidy, at lower prices than those supplied by the grid, and around a fifth could also compete with the nation's coal electricity prices. They say grid parity -- the 'tipping point' at which solar generation costs the same as electricity from the grid -- represents a key stage in the expansion of renewable energy sources.
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