A winning bid to install solar PV panels at Dubai’s solar power park (which will eventually reach 5 GW capacity by 2030!) came in at 2.99 cents/kWh- a world record:
This data point is a little unique due to the scale of the project, but continues a trend of ever-decreasing costs of solar-produced electricity that are far below grid prices. As solar market penetration increases, this represents a huge opportunity for electrochemical technologies to turn this low cost “clean” electricity into fuels and chemicals.
Esposito Research Group Blog 