Renewable energy costs to drop 40 percent in next two years

February 2, 2015 by  
Filed under Eco, Green

A new report released by the International Renewable Energy Association (IRENA) has exceptionally good news for the future of renewable energy . Costs are set to drop by almost 40 percent in the next two years, with solar PV leading the pack in cost decreases, and “biomass for power, hydropower, geothermal and onshore wind… all now provid[ing] electricity competitively compared to fossil fuel-fired power generation.” Read the rest of Renewable energy costs to drop 40 percent in next two years Permalink | Add to del.icio.us | digg Post tags: “wind power” , abu dhabi , biomass , costs , fossil fuels , geothermal , green economy , green energy , green jobs , grid parity , IRENA , renewable energy , Solar Power

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Renewable energy costs to drop 40 percent in next two years

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