Falling solar costs leave gas in the balance in India1 March 2017
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.
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