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Solar cheaper than coal in India's latest auction

from Energy Mix

New solar electricity is now cheaper in India than coal-fired generation, Energy Minister Piyush Goyal stated last week, based on a solar auction that produced a record-low price of 4.34 rupees (U.S. $0.06) per kilowatt hour. India has set a solar installation target of 100 gigawatts by 2022. more


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