Renewable power may become cheaper than fossil fuels by 2020
According to the International Renewable Energy Agency, electricity from renewable sources will be cheaper than power from most fossil fuels by 2020. China served as a major contributor with average prices dropping from $0.43 per watt in 2016 to $0.3 in 2017. However, a 30% import duty on solar panels in the US would slow the process, the report noted.