Utility-scale solar PV remains one of the lowest-cost sources of new electricity despite an 18% year-on-year increase in unsubsidized LCOE to $40–98/MWh, driven by higher capital costs, interest rates, tariffs, and supply chain pressures. Over the long term, however, utility-scale solar maintains a strong cost advantage over most conventional and alternative generation technologies.

Utility-scale solar PV remains one of the lowest-cost sources of new electricity despite an 18% year-on-year increase in unsubsidized LCOE to $40–98/MWh, driven by higher capital…

Utility-scale solar costs have increased sharply due to higher financing, tariffs, and supply chain costs, but Lazard says it remains the lowest-cost option for new electricity…