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Solar energy is now the world's cheapest source of power, study finds

Solar photovoltaic costs have dropped to as low as $0.02 per unit in sunny regions, driven by advances in battery storage and policy incentives, researchers report.

Summary by TechXplore
Solar energy is now so cost-effective that, in the sunniest countries, it costs as little as £0.02 to produce one unit of power, making it cheaper than electricity generated from coal, gas or wind, according to a new study from the University of Surrey.

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TechXplore broke the news in on Monday, October 6, 2025.
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