The rapidly falling cost of solar power in India could trigger an increase in the use of gas as a balancing fuel, but lukewarm government support for gas and the development of other grid-balancing technologies are likely to spoil the party.
India’s largest solar project, a 750 MW facility in Rewa in the state of Madhya Pradesh, attracted bids of INR 2.97/kWh ($0.044/kWh) in mid-February – a record low tariff for a renewable power project in India.
The tariff makes the project 24% cheaper than a previous...
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