Stunning New Lows in Solar and Battery Storage Costs

 

Tucson Electric Power has signed a new contract to purchase solar energy at historically low prices, in the process smashing expectations of the combined cost of large-scale solar and battery storage.

“This new local system combines cost-effective energy production with cutting edge energy storage, helping us provide sustainable, reliable and affordable service to all of our customers for decades to come,” said Carmine Tilghman, senior director of Energy Supply and Renewable Energy for TEP.

Most importantly this deal confirms that renewable energy can compete head to head on price with peaking gas-fired generators.

Full article: http://reneweconomy.com.au/stunning-new-lows-in-solar-and-battery-storag...

 

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