The new report shows 162 gigawatts (GW) or 62% of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option.

IRENA’s latest global cost study shows solar and wind power reaching new price lows. The report highlights cost trends for all major renewable electricity sources.

IRENA produces comprehensive, reliable data sets on renewable energy capacity and use worldwide. This is the 2019 edition. 

IRENA’s latest global cost study shows solar and wind power reaching new price lows. The report highlights cost trends for all major renewable electricity sources.

This report highlights the latest trends for each of the main renewable power technologies, based on the latest cost and auction price data from projects around the world.

This report on cost and competitiveness indicators or rooftop solar PV, based on the trends witnessed in key electricity markets complements IRENA's cost analysis on cost trends for utility-scale renewable power generation.