Over the past decade electricity from renewable energy generation has drastically decreased in cost due to technology improvements, economies of scale, increased supply chain competition and improved developer experience (IRENA, 2019b). These factors have culminated in renewable power generation technologies becoming the least-cost option for new generation capacity, surpassing fossil fuel plants such as coal and gas.
Our latest report details the latest Solar PV developments and explores the latest technologies in renewable energy generation for industrial use in Australia.