Solar power price slump casts shadow on India’s green future

Solar power price slump casts shadow on India’s green future

Solar power prices in India have hit rock bottom, but it is not all good news for the electricity-starved country as the phenomenon has hit investor confidence and threatens the country’s effort to push its green credentials.

Cut-throat competition has driven prices down to unsustainable levels, undermining the booming sector’s viability, according to experts.

After the United States withdrew from the Paris climate deal last week, India said it would stick to its huge renewable energy programme. Read More…

Credit By: Times Now

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