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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

By : Sustainability ..., Apr 30, 2020

The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent and 4 percent since the second half of 2019 – to USD 44 and USD 50/MWh, respectively...

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India missed utility-scale solar capacity addition target for FY20 by 24 per cent

By : Sustainability ..., Apr 23, 2020

India added about 5.7 gigawatt (GW) of new utility-scale solar capacity in the financial year 2019-20 (FY20), which is 24 per cent less than the 7.5 GW target set for this year, according to a recent report by a research firm. “As per Ministry of New and Renewable Energy (...

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India becomes lowest-cost producer of solar power

By : Sustainability ..., May 30, 2019

India has finally bagged the tag of the lowest cost producer of solar power globally. The country-wise average for the total installed costs of utility scale solar PV in 2018 ranged from a low...

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Lightsource BP, EverSource to help deploy US$330 million into Indian renewables

By : Sustainability ..., Mar 1, 2019

Lightsource BP and EverSource are to help channel US$330 million towards Indian utility-scale solar and wind, using an investment platform run by the CDC Group....

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India approves US$1.6bn of rooftop solar support

By : Sustainability ..., Feb 20, 2019

India has approved the second phase of its programme to hit 40GW of grid-connected rooftop solar by 2022 and announced INR118 billion (~US$1.656 billion) in central government subsidies to...

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India's solar capacity at 28 GW at Dec-end: Bridge To India report

By : Sustainability ..., Feb 20, 2019

The country's total solar power generation capacity, including 3.85 gigawatt (GW) rooftops, stood at 28.05 GW while 17.65 GW was under implementation as on December 31, 2018, according to a...

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Solar costs to fall further, powering global demand: Irena

By : sustainabilityo..., Oct 24, 2017

Solar power costs will fall by another 60 per cent over the next decade giving an already booming market another boost, the head of the International Renewable Energy Agency (Irena) said on...

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