By Teti Rosanti, Global Environmental Writer
In a development that could reshape the economics of global decarbonization, BlueSun International, a cleantech consortium headquartered in the United Arab Emirates and the United States, has announced record-low costs for both renewable electricity generation and energy storage. These rates could position clean power not only as a sustainable alternative, but also as a highly competitive source of energy, marking a pivotal moment in the global energy transition.
A New Benchmark in Renewable Energy
BlueSun International reports Power Purchase Agreement (PPA) rates as low as 1.9 cents per kilowatt-hour (kWh), alongside battery energy storage costs of 1.4 cents per kWh, establishing a new benchmark in renewable energy economics. These figures, if verified, would undercut traditional fossil-fuel generation and surpass previous competitive offers from other renewable energy providers.
Independent studies consistently show that while the Levelized Cost of Electricity (LCOE) for solar and wind has decreased significantly, financing, infrastructure, and regulatory factors continue to affect adoption rates (IEA, 2024; IRENA, 2023). BlueSun’s integration of low-cost generation with affordable storage could address these constraints, enabling broader market uptake.
Implications for Global Energy Transition
For emerging economies, where energy affordability and access remain pressing issues, BlueSun’s approach could significantly reduce the economic barriers to green infrastructure. The consortium offers long-term financing to qualified projects, allowing municipalities, corporations, and national utilities to adopt renewable energy without substantial upfront investment.
“Historically, the argument has been that renewable energy is too expensive,” said Yassmine El Ouazzan, spokesperson for BlueSun International. “Our approach demonstrates that cost no longer needs to be a limiting factor in the global energy transition.”
Integrating Solar into Architecture
Beyond cost reductions, BlueSun has developed visually customizable solar surfaces that can be integrated directly into building facades. These surfaces generate electricity day and night using a broad spectrum of light, minimizing transmission losses and supporting decentralized energy systems.
Such integration has been identified as a key enabler of urban sustainability, especially in densely populated areas where land for utility-scale solar farms is limited. BlueSun’s technology merges functionality with architectural flexibility, potentially transforming urban energy planning.
Addressing Intermittency with Low-Cost Storage
Energy storage has long constrained renewable adoption due to intermittency. BlueSun’s reported storage rate of 1.4 cents per kWh could enable reliable, 24/7 power supply. If verified, this would allow industrial users, cities, and utilities to transition fully to renewable energy without relying on fossil-fuel backup.
Vertical Integration and Scale
BlueSun International operates as a manufacturer, EPC contractor (Engineering, Procurement, and Construction), and financier, delivering over 10 gigawatts of clean power and storage projects globally. By providing technology, financing, and project execution in a single offering, the consortium addresses both capital and operational barriers that often slow renewable adoption.
“Our goal is to make renewable energy accessible and scalable,” the company spokesperson added. “By providing an integrated solution, we remove the primary constraints for organizations transitioning to clean power.”
Toward a Sustainable Future
While independent verification of BlueSun’s rates and project performance remains essential, the potential implications are significant: cost-competitive, scalable, and integrated renewable solutions could accelerate the global energy transition and support climate targets worldwide.
As governments and corporations pursue net-zero objectives, innovations that reduce cost barriers, enhance urban integration, and provide reliable energy storage may prove decisive in shaping the next phase of global sustainability.
This article was provided as a sponsored contribution by BlueSun International. The views expressed are those of the author and do not necessarily reflect the editorial position of ESG News