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Solar prices in India dip below coal

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.

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