12 Juli 2021

IRENA report highlights falling solar heat project costs

The Renewable Power Generation Costs in 2020 report illustrates how the competitiveness of solar and wind power improved dramatically in the decade 2010 to 2020. Written by Michael Taylor and his team at the International Renewable Energy Agency (IRENA), it shows how even existing coal plants are increasingly vulnerable to being undercut by renewables. Thanks to the support of the Solar Payback project, the flagship publication now also includes a chapter on Renewable Heat Costs, highlighting cost trends for big (>35 kWth) commercial and industrial solar heat systems across the world.

Read more on solarthermalworld.org and download the chapter text here.