Goal-fired generation
India market update: The Indian National Solar Mission’s 100 GW solar target requires support from both the storage and DG sectors. Akhilesh Magal from the Gujarat Energy Research and Management Institute examines these thus far under-developed markets.
Earlier this year, India saw its lowest ever solar tariff at INR 2.44/kWh ($0.04/kWh). The price was discovered in a reverse auction conducted for solar projects in the hot and dusty solar park at Bhadla in the western desert state of Rajasthan. This event was unprecedented because the price plunged below the cost of new, …
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