Publication - New Energy Outlook 2017
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Title
New Energy Outlook 2017
Publisher
Bloomberg New Energy Finance
Published in
July 2017
Abstract
By 2040, USD 7 trillion will be invested in renewable energy; 72% of it in new wind and solar PV plants. Solar is already as cheap as coal in some countries and the levelised cost of electricity from solar will drop another 66% by 2040. By 2021, solar will be cheaper than coal even in China. These are some of the findings of the New Energy Outlook released by the Bloomberg New Energy Finance.
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