21 Oct '13, 12pm

Asia Report: Four Reasons Why Solar Can Unseat Coal in India This Decade

Asia Report: Four Reasons Why Solar Can Unseat Coal in India This Decade

In 2011 big coal plants were signing PPAs with tariffs for INR 2.8/kWh while solar was as high as 18/kWh. Now large grid-connected solar can be had at INR 7/kWh, while imported coal, on the rise to help offset a ~10 percent power deficit (baseload) exacerbated by rapidly rising power demand, is pushing INR 4/kWh without taking into account subsidies or cost of externalities. And that doesn't begin to address the challenges of grid-connecting villages, much less the hundreds of millions of citizens who remain off-grid. The answer to this lies in domestic solar power, both centralized and distributed, built relatively fast at any size and requiring less than 1 percent of the nation's land. Four factors have to come into play , though, for solar to truly supplant coal in India in the next decade, according to Tobias Engelmeier, managing director at Bridge to India: - Looking ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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