Solar and wind power costs continued to fall in 2019 and auction and PPA results show there is no sign of slowing in the downward trend. IRENA has been tracking and analyzing the cost evolution of renewable power since 2012 to shed light on the accelerating momentum of renewables as both the key climate solution and a strong business proposition. Following the 2019’s edition of IRENA’s Renewable Power Generation Costs report published on 2 June 2020, this webinar, hosted by IRENA, presented key takeaways from this new body of work and provided insights into global cost trends for renewable power and what has driven their cost declines in 2019. This video was published by IRENA and has been sourced from their website.