this post was submitted on 27 Sep 2023
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Solar power and storage prices have dropped almost 90% (interestingengineering.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Solar power and storage prices have dropped almost 90%::undefined

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[–] hgtesla@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

The reason include the increased efficiency of solar panels, government incentive measures, the widespread adoption of electric vehicles, and advancements of battery technology, especially lithium-ion batteries. solar and energy storage are expected to continue becoming more affordable, contributing to efforts to address climate change.