Solar Energy Costs Drop to £0.02 per Kilowatt-Hour in Sunny Regions

Solar Energy Costs Drop to £0.02 per Kilowatt-Hour in Sunny Regions

A recent study conducted by researchers at the University of Surrey has identified solar energy as the most cost-effective power source globally, particularly in regions with high levels of sunlight. The findings indicate that advancements in photovoltaic (PV) technology have significantly reduced the cost of generating solar power, with prices in sunny areas now reaching as low as £0.02 per kilowatt-hour.

The research highlights the rapid progress in PV technology, which has contributed to this substantial reduction in costs. The study emphasizes that these developments make solar energy a highly competitive option compared to traditional fossil fuels and other renewable energy sources. The findings are particularly relevant for countries and regions with abundant sunlight, where solar power generation can be maximized at minimal expense. Researchers suggest that this trend could have significant implications for global energy markets and efforts to transition to cleaner energy systems.

Newsflash | Powered by GeneOnline AI

Source: GO-AI-ne1

For any suggestion and feedback, please contact us.

Date: October 7, 2025