Germany has solar LCOE ranging from €0.041/kWh to €0.144/kWh

A new report rom Fraunhofer ISE shows that the cost of PV systems in Germany is currently between €700/kW and €2,000/kW. The study also shows that the levelized cost of energy of solar-plus-storage spans from €0. 06/kWh to €0. 225/kWh. The levelized cost of energy (LCOE) of solar PV in Germany currently ranges from €0. 041 ($0. 049)/kWh to €0. 144/kWh, according to a new report from the Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE). This means that solar is the cheapest source of electricity in the country followed by wind, whose LCOE was found to span from €0. 043/kWh to €0. ...

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