As reported by PV Magazine, Lazard's latest Levelized Cost of Energy report finds that unsubsidized utility-scale solar ranges from $0.038 to $0.078 per kilowatt-hour, while onshore wind comes in at $0.037 to $0.086 per kWh.
[pdf] A 1-watt solar panel generates approximately 1 watt of electricity per hour under ideal conditions, equating to about 24 watt-hours in a single day. Factors like weather, geographic location, and time of year influence this efficiency.
[pdf] Located in Lääne County, approximately 65 kilometres southwest of Tallinn, the solar park is expected to be operational by 2027 and will generate enough electricity to power over 80,000 Estonian households. The project is being developed in partnership with local landowner Metsagrupp.
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