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Solar gaining on coal in India

2016-01-07 16:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: A KPMG study shows that the cost of solar power in India, revealed by public auctions, is barely half a cent above that of cheap local coal , writes Chris Goodall, with generators bids falling well below 5p (UK) / 7 (US) per kWh. The idea put about at COP21 that India and other poor but sunny countries need coal to develop their economies is fast running out of steam. When the accountants have fully loaded the network and other costs PV ends up as very slightly cheaper than using lndian-mined coal....

Tags: india solar coal gaining

Category:Electronics and Electrical

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