Chile Has Cheapest Solar Energy Prices in the World!

 

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Chile has more sun than the US – but, the trends is clear: Solar power came in at 2.91 cents per kwh at a Chilean energy auction this month. That’s the lowest price on record for electricity from sunshine, surpassing a deal in Dubai in May. It’s almost half the price of coal power sold in the same event. It’s the cheapest to date for any kind of renewable energy, and it’s one of the lowest rates ever for any kind of electricity, anywhere.

Here comes the sun! Chile’s sun power