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Building new solar now cheaper than keeping existing coal plants open: BNEF – RenewEconomy

Plunging costs of solar could prompt coal plants in India, China and much of Europe to be shutdown early, delivering another…

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It is now cheaper to build and operate new utility-scale solar photovoltaic farms in much of the world than it is to maintain existing coal-fired power stations though not in coal-rich, carbon price-free Australia, new research by BloombergNEF finds.
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