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Cheaper solar in India prompts rethink for coal

Solar now costs as much as 50% less than new coal power, according to a solar research firm
Friday, June 2, 2017 - 05:50

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Solar auctions in India advance Prime Minister Narendra Modi's goal to reduce fossil-fuel pollution in a country that is home to almost half of the world's 30 most-polluted cities.

New Delhi

INDIA'S coal-power plant developers are growing more pessimistic about their projects after a plunge in the cost of electricity from solar panels improved the economics of renewable energy.

After a string of federal auctions, solar is suddenly the cheapest source of

sentifi.com

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