Solar Power Electricity now Cheaper than Fossil Fuel

Electricity Produced by Solar Power beats Electricity Produced by Fossil Fuel – on per MWh price!

Meeting electrical grid demand via solar power at a lower per MWh cost is now possible, when compared to meeting total demand from conventional electricity producers such as fossil fuel, nuclear or even hydro-electric power.

The WEF report notes that “utility-scale, thin-film solar PV plants produce cheaper power, on average, than new natural gas plants.”

A record low electricity price was achieved in Chile in August 2016. At $29.10 per MWh, solar electricity cost about half the price offered by a local coal competitor.

The cost of production of electricity through the utilization of solar energy is outpacing other alternatives, as the investment in solar panels is turning out to be comparatively cheaper than a comparable investment in coal, natural gas or other options, according to a new World Economic Forum report… Continue reading Solar Power Electricity now Cheaper than Fossil Fuel

American Samoan Island Powered by TESLA Solar Microgrid

American Samoan Island of Ta’u now powered by Tesla and SolarCity solar microgrid

Ta’u, American Samoa: Elon Musk’s Tesla has just officially acquired SolarCity, but the two have already solar-powered a complete island, it was revealed Tuesday.

It’s powered by a 1.4 megawatt solar-array with 6 megawatt hours of battery storage courtesy of 60 Tesla Powerpacks.

The island of Ta’u in American Samoa, located more than 4,000 miles from the U.S. West Coast had long-suffered power rationing and outages. However, the island is now powered by solar panels and TESLA battery packs, SolarCity said in a post about its latest project with Tesla… Continue reading American Samoan Island Powered by TESLA Solar Microgrid