Public success stories like Elon Musk's solar and wind battery farm in Australia have helped move public sentiment.
In a new report, the International Energy Agency (IEA) says solar is now the cheapest form of electricity for utility companies to build.
So the statistic “20 to 50 percent cheaper” is based on a calculus of companies building solar projects, not something that has throughput for consumers or even solar homeowners.
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As people and companies see more successful projects like Elon Musk’s South Australia solar battery farm, their investment confidence grows.
And while the news is very good for solar, it’s still pretty good for all the other renewables as well as nuclear, the IEA says. »