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LCOE of Grid-Scale Solar

Sector: Solar

Source: pv magazine International

Project
Planned

A report from BloombergNEF forecasts a 2% decline in the levelized cost of electricity (LCOE) for grid-scale solar projects globally in 2025, with expectations for further reductions in the coming years. The report highlights the competitive pricing of new solar plants compared to gas plants, indicating a significant shift in the energy market.

Status
Prospective
Sector
Solar, Power Generation (CCGT)
Updated
22 Jul 2026
Source
pv magazine International

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Project Information

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The project “LCOE of Grid-Scale Solar” is an infrastructure initiative in the Solar sector. Taiyo aggregates data on it from pv magazine International.

Participants

Not available for this record.

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A report from BloombergNEF forecasts a 2% decline in the levelized cost of electricity (LCOE) for grid-scale solar projects globally in 2025, with expectations for further reductions in the coming years. The report highlights the competitive pricing of new solar plants compared to gas plants, indicating a significant shift in the energy market.

Original sector

Renewable Energy

Location

Not available for this record.

Source

Source

pv magazine International

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT)

Article published date

2025-02-14

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