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Indian solar power prices hit record low, undercutting fossil fuels

E21NS  E21NS  E21NS  E21NS  E21NS May 10, 2017 The Guardian | India | renewables: solar

E21NS

Thanks to a 40% drop in solar prices at the Bhadla Solar Park (to 2.62 rupees/kWh), the world’s third-largest carbon producer is on pace to meet its renewables targets in the 2015 Paris Agreement. India is planning to generate 175 GW from solar by 2022 and 275 GW by 2027 as it hopes to reduce emissions and decrease poverty.

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