First Solar Power Cells Cheaper than Coal Power

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From Energy and Capital by Shwagato Chakravorty February 4, 2013

First Solar Macho Spring Project in New Mexico can supply electricity at 5.79 cents/kwh (PHP 2.40) which is much lower than coal power estimated to be 12.8 cents/kwh for coal power.  This is very significant because this the very first time that solar is cheaper than conventional.

The Macho Spring Project has 50 MW capacity.