Solar Power is Cheaper, but the World is still running on Fossil Fuels
Solar is even cheaper outside the U.S.; its costs are dropping faster in India, China, UAE, Saudi Arabia, Australia, and elsewhere. The lowest costs reported by Lazar are far higher than those recorded around the world. However, even Lazard — with its often conservative measures — agrees that in many areas of the U.S., costs of coal and solar power have reached parity. Solar costs — which are connected to technology — are only going to drop, unlike coal prices.
From our very good friends over at futurism.com