News & Updates

August 16, 2019

How Does Lower Solar PV Pricing Impact the Caribbean?

Solar PV wholesale energy pricing is continuing to drop below two cents per kWh in the U.S., Latin America, and other regions. In the U.S., the sub-two cents/kWh solar price is a watershed moment because solar plus storage is now the cheapest energy source available today. It is truly a paradigm shift when solar plus storage is less expensive than natural gas in an oversupplied gas market.