29 Dec '11, 2pm

Green Blog: Bucking Solar Predictions, India Surprises Itself: Two auctions of electricity generated with solar

Kuni Takahasi for The New York Times A worker prepares to clean panels at a solar power plant in Khadoda in Gujarat State. When the Indian government embarked on an ambitious solar power project two years ago, I wrote that its goals seemed farfetched . Since then, things have changed significantly, and as I note in Thursday’s paper , analysts say the project’s goal of having 20,000 megawatts of solar capacity by 2020 seems well within reach. The main reason for the change is the striking drop in the global price for solar panels and modules. Another interesting factor in the fall in prices is an auction process that India adopted to force solar power producers to compete with one another. In one recently concluded auction, for instance, the prices at which developers agreed to sell power to the government were nearly 30 percent lower than a year earlier. More than 100 comp...

Full article: http://green.blogs.nytimes.com/2011/12/29/bucking-solar-p...

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Bucking Solar Predictions, India Surprises Itself

green.blogs.nytimes.com 29 Dec '11, 2pm

Bucking Solar Predictions, India Surprises Itself By VIKAS BAJAJ Kuni Takahasi for The New York Times A worker prepares to...

Bucking Solar Predictions, India Surprises Itself

green.blogs.nytimes.com 29 Dec '11, 2pm

Kuni Takahasi for The New York Times A worker prepares to clean panels at a solar power plant in Khadoda in Gujarat State....

Green Blog: Bucking Solar Predictions, India Su...

green.blogs.nytimes.com 29 Dec '11, 3pm

Kuni Takahasi for The New York Times A worker prepares to clean panels at a solar power plant in Khadoda in Gujarat State....

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