Fact-check: “Solar power is now cheaper than coal in most countries”
Verdict: Partly True (65% confidence)
The claim holds up well for new-build power plants — the IEA and IRENA consistently show that new utility-scale solar is cheaper than new coal in most major economies, and the IEA called solar 'the cheapest electricity in history' as of 2021 with costs continuing to fall through 2024. But 'most countries' is doing heavy lifting here: the cost advantage is strongest in sunny, high-income markets (the U.S., Australia, Spain, Germany, Italy) and depends heavily on local solar irradiance, financing…
This fact-check was conducted by SpinkillerAI, a non-partisan AI-powered accountability platform.
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