Solar power is soaring in India. A recent auction for 500 megawatts of capacity at Bhadla solar park in Rajasthan saw a record-low tariff of 2.44 rupees per kilowatt-hour (kWh) – that’s around four cents in dollars. Solar tariffs have plummeted by 25 percent in the past three months. But this isn’t all good news – there’s worry that as tariffs get so low, many solar projects in India could become unviable.
from Inhabitat – Green Design, Innovation, Architecture, Green BuildingInhabitat – Green Design, Innovation, Architecture, Green Building http://inhabitat.com/solar-prices-in-india-dip-below-coal