Solar modules now selling for less than €0.06/W in Europe
Solar modules now selling for less than €0.06/W in Europe
Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells <b>pv magazine</b> that prices will remain low in the short term.
Here in Belgium there used to be big government subsidies for solar panels 5-10 ago.
Now the same wattage battery + solar setup without any government subsidies is a good chunk cheaper than that time with the large subsidies.
Pretty cool and shows the power of government renewables subsidies. A huge percentage of houses in Belgium have solar panels now.(and electricity still costs 0.30€/kWh average because of fossil fuel energy lobbies)
Now that there is a local industry around it, most renovations and almost all new builds include them.
$60k per MW or $210M for a nuclear reactors worth (3.5GW). Sure... the reactor will go 24/7 (between maintenance and refuelling down times, and will use less land (1.75km² Vs ~40km²) but at 1% of the cost, why are we still talking about nuclear.
(I'm using the UKs Hinckley Point C power station as reference)
Solar has always an extremely high ratio for megawatt per mass unit.
This price is really good
Theyre $1.25 per watt in south America right now (we have an energy crisis due to climate change caused drought)