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Indian solar energy prices have fallen dramatically, causing the government to scrap immense coal power plans

by Futures Centre, Jan 8
1 minute read

India has cancelled plans for 13.7 gigawatts of coal-fired power supply, roughly equivalent to the UK’s entire coal-fired power generation. Analyst Tim Buckley explained that, “For the first time solar is cheaper than coal in India and the implications this has for transforming global energy markets is profound.”

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Read more about the decline of India’s solar prices here, and record-breaking solar arrays here.

 

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