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World's cheapest solar power to be generated in Mexico

by LiveModern Webmaster last modified Nov 21, 2017 01:03 AM
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by (Greg Beach) last modified Nov 20, 2017

Solar power generated in Mexico is, at the moment, the world's cheapest at as low as 1.77¢/kWh, according to data from Mexico's Centro Nacional de Control de Energía (Cenace). Mexico's low price for solar is just below that of Saudi Arabia, at 1.77¢/kWh, and is expected to continue to decrease to 1¢/kWh in 2019 or sooner. Mexico's Department of Energy recently announced the companies selected to complete new renewable power projects and the rates for which electricity will be sold. In this...





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