Solar Power Generation Industry Cost Rate: How Prices Dropped 90% in a Decade and What’s Next
You know how people used to say solar energy was "too expensive"? Well, here's the thing – that narrative’s been flipped faster than a light switch. Between 2015 and 2025, utility-scale solar costs plummeted 87% globally, with China achieving an even steeper 90% reduction according to former Vice Finance Minister Zhu Guangyao . This isn’t just about cleaner energy; it’s the fastest industrial cost transformation since the digital revolution.
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