It’s finally happened. The renewable energy future has arrived.
According to the World Economic Forum (WEF), installing new solar panels is cheaper than a comparable investment in coal, natural gas, or other options. Solar and wind is now the same price or cheaper than fossil fuels in more than 30 countries.
According to Michael Drexler, head of development investing at the WEF, solar is “Not only a commercially viable option, but an outright compelling investment opportunity with long-term, stable, inflation-protected returns.”