Solar Power Now Cheaper Than Ever — Clean Energy Revolution Accelerates
New report shows solar energy costs have dropped 90% in a decade, making it the cheapest electricity source in history.
Maya Chen·Sunday, February 15, 2026·
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A landmark report published this week confirms what energy experts have long predicted: solar power is now the cheapest form of electricity generation in most of the world.\n\nThe International Energy Agency (IEA) revealed that the cost of solar photovoltaic panels has plummeted by over 90% since 2010, making clean energy not just an environmental choice, but an economic one.\n\n"This is the biggest energy story of the century," said Dr. Fatih Birol, Executive Director of the IEA. "Solar power is now king."\n\nCountries across the globe are racing to expand their solar capacity. India recently inaugurated the world's largest solar park, while European nations are installing panels at record pace.\n\nThe implications are profound: cheaper energy means lower bills for families, reduced carbon emissions, and new jobs in the green economy. Analysts project that by 2030, solar could account for over 40% of global electricity generation.