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.
Tags: Aurora News, Aurora Project, Grids and Intergration, India, Max Hall, pv magazine, Ray Dean, Solar, Solar Investment, Utility Scale PV
“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