Friday, November 2, 2012

India Catching Up In Solar Energy Development

Bernama: The rising cost of conventional power, largely driven by increasing raw material exports and the growing cost of putting up green-field facilities coupled with the steady decline in solar power costs could result in solar projects reaching grid parity by 2014, a new study by KPMG India has suggested. Grid parity is the point at which the cost of solar power equals the cost of utility power from conventional sources. "The positive feature of the last two years has been the development of capacity...

URL: http://www.bernama.com/bernama/v6/newsindex.php?id=706531

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