cost of generating electricity from solar panels has fallen 61%

The information quoted below confirms the direction of what a German think tank said which was within 10 years from now solar will be cheaper than oil worldwide.

brgin quote:
A Renewable Energy Boom. A clean energy revolution is coming, faster than most people expected. Here's a snippet of an Op-Ed at The New York Times: "...Last year, for the first time, renewables accounted for a majority of new electricity-generating capacity added around the world, according to a recent United Nations report. More than half the $286 billion invested in wind, solar and other renewables occurred in emerging markets like China, India and Brazil — also for the first time. Excluding large hydroelectric plants, 10.3 percent of all electricity generated globally in 2015 came from renewables, roughly double the amount in 2007, according to the report. The average global cost of generating electricity from solar panels fell 61 percent between 2009 and 2015 and 14 percent for land-based wind turbines..."

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Minneapolis Star Tribune

More March Than April - Perils of Nighttime Tornadoes

Minneapolis Star Tribune

- ‎Apr 4, 2016‎

Garland, Texas tornado aftermath photo above courtesy of breakingnews.com. .... to the report. The average global cost of generating electricity from solar panels fell 61 percent between 2009 and 2015 and 14 percent for land-based wind turbines..." ...