• by Aurora Project Group
  • June 16, 2019
  • 0 Comments

India leads the way as PV threatens coal-fired power

Good news from pv magazine and Max Hall

Falling PV panel prices led to notable year-on-year falls in the cost of developing solar plants around the world. India led the way with PV projects costing a weighted average of just $793/kW of capacity installed in 2018. Costs in China dipped to $879/kW last year, while solar projects in US and Australia cost $1,500.

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“The financial stability of solar has created economies of scale which will now allow solar to take on the big fossil fuel sectors”

-Ray Dean

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