Solar Power Generation Costs Worldwide: Trends, Challenges, and Breakthroughs
Solar power generation costs have dropped 89% since 2010, but regional disparities persist. In 2025, the global weighted average levelized cost of energy (LCOE) for utility-scale solar stands at $0.042/kWh – cheaper than coal in most markets . But why do some countries still pay 3x more than this average?
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