Quantcast

Solar Cost Hits World's New Low, Half the Price of Coal

Popular

Chile awarded a contract to sell solar power for $29.10 per megawatt hour (MWh), the lowest ever across the planet.

ACERA

This surpasses the record set in May of a $29.90 per MWh bid in Dubai for an 800 megawatt (MW) solar project.

"This is the lowest price ever seen, for any renewable technology," an analyst told Bloomberg. The low price is possible due to the rapid fall in cost of solar technology and the 12 MW solar plant's location in the ideal conditions of Chile's Atacama Desert.

For a deeper dive:

News: Bloomberg, BusinessGreen, SeeNews Renewables

For more climate change and clean energy news, you can follow Climate Nexus on Twitter and Facebook, and sign up for daily Hot News.

EcoWatch Daily Newsletter

We need our government to do everything it can to stop PFAS contamination and exposure from wreaking havoc in communities across the country. LuAnn Hun / Unsplash

By Genna Reed

The EPA announced last week that it is issuing a preliminary regulatory determination for public comment to set an enforceable drinking water standard to two of the most common and well-studied PFAS, PFOA and PFOS.

This decision is based on three criteria:

  1. PFOA and PFOS have an adverse effect on public health
  2. PFOA and PFOS occur in drinking water often enough and at levels of public health concern;
  3. regulation of PFOA and PFOS is a meaningful opportunity for reducing the health risk to those served by public water systems.
Read More
Charging EVs in Stockholm: But where does a dead battery go? Ranjithsiji / Wikimedia Commons

By Kieran Cooke

Driving an electric-powered vehicle (EV) rather than one reliant on fossil fuels is a key way to tackle climate change and improve air quality — but it does leave the old batteries behind as a nasty residue.

Read More
Sponsored
U.S. Secretary of the Treasure Steven Mnuchin arrives for a welcome dinner at the Murabba Palace in Riyadh, Saudi Arabia on Feb. 22, 2020 during the G20 finance ministers and central bank governors meeting. FAYEZ NURELDINE / AFP via Getty Images

Finance ministers from the 20 largest economies agreed to add a scant mention of the climate crisis in its final communiqué in Riyadh, Saudi Arabia on Sunday, but they stopped short of calling it a major economic risk, as Reuters reported. It was the first time the G20 has mentioned the climate crisis in its final communiqué since Donald Trump became president in 2017.

Read More
Aerial view of Parque da Cachoeira, which suffered the January 2019 dam collapse, in Brumadinho, state of Minas Gerais, Brazil — one of the country's worst industrial accidents that left 270 people dead. Millions of tons of toxic mining waste engulfed houses, farms and waterways, devastating the mineral-rich region. DOUGLAS MAGNO / AFP / Getty Images

By Christopher Sergeant, Julian D. Olden

Scars from large mining operations are permanently etched across the landscapes of the world. The environmental damage and human health hazards that these activities create may be both severe and irreversible.

Read More
Participants of the climate demonstration Fridays for Future walk through Hamburg, Germany on Feb. 21, 2020. Axel Heimken / picture alliance via Getty Images

By Andrea Germanos

U.S.-based youth climate activists on Friday drew attention to the climate protest in Hamburg, Germany, where organizers said roughly 60,000 people took part, and hoped that Americans took inspiration from their European counterparts.

Read More