Recently, KUKA CABLE learned that the world’s lowest photovoltaic power price record has been refreshed, with an electricity price of only 1.04 cents per kilowatt-hour.

      It is reported that the photovoltaic power station used for power generation is the Al Shuaiba photovoltaic project in Saudi Arabia. Previously, the world’s lowest photovoltaic power generation price was 1.35 cents per kilowatt-hour, which was a photovoltaic project of the UAE Hydropower Corporation in Abu Dhabi.

      It is not difficult to find that the two lowest photovoltaic power prices in the world come from the Middle East. This is inseparable from the local natural conditions and policy support.

      In addition, in the past ten years, my country's photovoltaic industry has risen. Through continuous technological innovation and progress, the cost of the upstream and downstream links in the industrial chain has been reduced, and the cost of photovoltaic power generation has been reduced by nearly 90%.

      Because of China's development, the world's lowest photovoltaic power generation price has been achieved, thereby further enhancing the competitiveness of photovoltaic power generation. With the continuous development of the photovoltaic industry, the price of photovoltaic power generation will definitely continue to fall in the future.