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Solar Prices Could Be 10% Less Than Coal In India By 2020


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Some of the misinformation being held to tightly, with ears covered going na na na na na, is being settled by what has already been done, and is being done today. These are not proposals or something "somebody said," or that "some people are saying" rumors.

 

Excerpt:

 

"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 basis. Our forecast is that by 2020, solar power prices could be up to 10% lower than coal power prices.” You can read the full report, titled ‘The Rising Sun – Disruption on the Horizon‘ here: It's a pdf file 2MB https://www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/Documents/ENRich2015.pdf

It doesn’t seem that long ago that naysayers were saying grid parity wasn’t possible with renewables – especially for solar power. Now, it seems we are moving towards a reality where solar power could be cheaper than coal power, in some cases."

 

Hotlinks and related articles are in the full article here: http://cleantechnica.com/2015/11/17/solar-prices-10-less-coal-india-2020/?utm_source=Cleantechnica+News&utm_medium=email&utm_campaign=e8e32469aa-RSS_EMAIL_CAMPAIGN&utm_term=0_b9b83ee7eb-e8e32469aa-331970081

 

Crazy times.

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