Supply Chain Issues Caused New-Build Solar Costs to Jump 14 Percent Since 2021

The latest BloombergNEF (BNEF) analysis shows the cost of new-build onshore wind has risen 7% year over year, and fixed-axis solar has jumped 14%. The global benchmark levelized cost of electricity (LCOE) has temporarily retreated to where it was in 2019. Cost rises are linked to increases in the cost of materials, freight, fuel and […]

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