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Solar power is 90% cheaper than it was 20 years ago - analyst

4 January 2017 12:56 PM
Energy analyst Dirk de Vos says solar energy is becoming cheap enough to become a significant contributor on an aggregated basis.

Energy analyst and director at QED Solutions, Dirk de Vos, says solar power is becoming cheap enough to become a significant contributor on an aggregated basis.

De Vos says the trend shows that historically solar power is 90% cheaper than it was 20 years ago.

Bloomberg reports that countries from Chile to the United Arab Emirates broke records with deals to generate electricity from solar panels for less than 3 cents a kilowatt-hour in 2016.

Listen to the full interview below for more information...


4 January 2017 12:56 PM