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Solar Now ‘Cheaper Than Grid Electricity’ in Every Chinese City, Study Finds

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.  Read more....

 

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