Renewable Energy Costs: IRENA Reveals that They Are 90% Cheaper than Fossils in 2025
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2 Articles
The levelled cost of generation (LCOE) of photovoltaic solar energy in Brazil fell 25% in 2025, reaching $37/MWh, according to the Renewable Power Generation Costs in 2025 report, released this week by the International Renewable Energy Agency (Irena). The result places the country among the most competitive markets in the world for new solar enterprises on a public service scale. According to the study, only China ($36/MWh) and India ($35/MWh) …
More than 90% of the new renewable power installed on a commercial scale in 2025 presented lower generation costs than those of gas and coal plants. The data comes from the report ‘Renewable Power Generation Costs in 2025’, which the International Renewable Energy Agency (IRENA) published on July 9, 2026 and which consolidates a historic shift in the competitiveness of clean sources. A milestone for global renewable competitiveness The IRENA doc…
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