Generating and storing solar energy for less than the cost of fossil fuels is becoming reality. And that changes everything about the energy industry. Recently, Tucson Electric signed a deal with NextEra Energy for 20 years of solar plus storage at less than half of the price of retail electricity power. If a unit of solar energy can be produced and stored for less than the cost to produce energy from any other source, there’s nothing stopping solar growth. With technology rapidly innovating and investors lining up, solar is quickly getting ready to take over the energy industry.
Using the sun’s abundant energy 24/7 is no longer a pipe dream
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