World energy hits a turning point: Solar that’s cheaper than wind

World energy hits a turning point: Solar that’s cheaper than wind

Bloomberg 12/17/2016 Tom Randall There’s a transformation happening in global energy markets that’s worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity. There have been isolated projects in the past where this happened: An especially competitive auction in the Middle East, for example, resulting in record-cheap solar costs.