How Solar Power plants are cheaper than coal-fired power plants

| November 21, 2019

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In terms of environmental effect, solar power is the most positive resource when compared to fossil fuels like coal. In terms of steadfast application, coal-fired power plants have some benefits. However, the eventual way to evaluate solar energy to fossil fuels is by cost-effectiveness, where solar has swiftly caught up all the attention with its non-renewable equivalents. The support from Government in terms of subsidies plays a significant role in shaping the development prospects for solar power generation with renewable sources of power. However, matching the exact cost of numerous energy sources is not straightforward.

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ACCIONA

Leaders in infrastructure (construction, water treatment, etc.) and renewable energy (wind, solar photovoltaic, etc.) from sustainability and innovation. Our offer covers the whole value chain, from design and construction to operation and maintenance. With a presence in more than 30 countries, the Group develops its business activities based on the desire to contribute to economic and social development in the communities in which it operates.

OTHER ARTICLES

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Article | April 6, 2020

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Spotlight

ACCIONA

Leaders in infrastructure (construction, water treatment, etc.) and renewable energy (wind, solar photovoltaic, etc.) from sustainability and innovation. Our offer covers the whole value chain, from design and construction to operation and maintenance. With a presence in more than 30 countries, the Group develops its business activities based on the desire to contribute to economic and social development in the communities in which it operates.

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