It's funny you say that. Renewables are "cheap" precisely because a lot of the labor cost is offloaded to cheap labor countries with low regulations. There is basically no solar panel market outside of China, and that says something. It's a very messy process and benefits largely from China's willingness to not care.

Every single big renewable project is heavily backed by government and subsidies. Wind is big in Germany, because gov pushed it very hard, not because it's naturally competitive.

So far, I see a lot of ideologues pushing the "cheaper" argument even though it hasn't been true at all, and the long-term prospect don't look very good compared to nuclear. But it has more political support, so it is made to be more "competitive" and that's basically all there is to it.

Even residential solar only makes sense when people who install it get paid a lot more than the bulk electricity actually cost, if people had to pay themselves for both panels and storage it is largely a loss compared to regulated market price for electricity in many places in Europe.