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The dramatic cost reductions we’ve seen in recent years for solar and wind electricity will continue well into the future, according to a new report released today by IRENA. It finds that by 2025 – with the right regulatory and policy frameworks in place – average electricity costs could decrease 59% for solar photovoltaics (PV), 35% for offshore wind, 26% for onshore wind, and up to 43% for concentrated solar power compared to 2015.

Read IRENA news article

Image: IRENA, Twitter

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