Strategic development in India
ReNew Power is one of India’s leading renewable energy developers. The company has installed close to
1.6 GW of solar capacity since its inception in 2011. ReNew Power’s chief operating officer, Parag Sharma, recently spoke to pv magazine about challenges and opportunities in the Indian solar market, and the company’s future plans.
India has taken the title of the world’s lowest-cost solar electricity producer. Do you see costs going down further?Solar power tariffs are firming up. At one point, they dropped to INR 2.44 ($0.03)/kWh in 2017. Now they are back to the range of INR 2.60-2.65/kWh. Considering that there are limited areas with good radiation that …
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