Firm solar and storage costs fall to $54/MWh, says IRENA (pv-magazine.com)

• Combined solar and storage costs reach $54/MWh.
• IRENA data confirms ongoing cost decline trends.
• Renewable energy becomes increasingly cost-competitive.

"A new IRENA report finds that the cost of solar photovoltaic (PV) combined with battery storage has dropped to $54 per megawatt-hour, reflecting a continued decline in renewable energy generation costs and improving competitiveness against fossil fuels."