Solar prices could be 10% less than coal In India by 2020

KPMG has released a report stating that by 2020 solar power in India could cost about 10% less than coal power, saying “Solar power price declines have beaten the expectations of most analysts since the beginning of 2015. In the ongoing NTPC solar park tender, solar prices have breached the INR 5/kwh and this is a landmark for the energy sector. Today, in India, solar prices are within 15% of power prices on a levelized…

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Solar prices could be 10% less than coal In India by 2020

KPMG has released a report stating that by 2020 solar power in India could cost about 10% less than coal power, saying “Solar power price declines have beaten the expectations of most analysts since the beginning of 2015. In the ongoing NTPC solar park tender, solar prices have breached the INR 5/kwh and this is a landmark for the energy sector. Today, in India, solar prices are within 15% of power prices on a levelized…

Solution News Source

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