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Lazard's new report shows the extremely low cost of solar power and wind power crush the cost of coal, nuclear, and natural gas power plants.

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Under continuous construction since 2003, Ta Shan is touted as a new, environmentally friendlier model for the Chinese coal industry. Excess heat from the power plant is used to heat employees

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The facility will include a 1.2-GW ultra-supercritical coal-fired plant. In May 2015, bids for the engineering, procurement and construction contract were opened, with a lowest price of 5.17 US cents/kWh for a 1.2-GW plant, and 4.90 US cents/kWh for a 1.8-GW plant, .

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