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RENEWABLES INDIA 2018 :
Accelerating Market Development

Renewable energy tariffs continued to fall in 2017–18 as solar and wind tariffs hit Rhistoric lows of Rs.2.44/kWh and 2.43/kWh respectively. Competitive bidding continued to be the major game changer responsible for this ongoing trend. Other key factors that drove the Indian RE market in 2017 18 included falling prices of solar panels, increased investments in RE vis-a-vis the conventional power sector, and the growth of grid-connected solar rooftop via the net metering route. While accelerated market development of RE was a key trend in 2017 18, another major trend that continued during the year was capacity addition from renewables exceeding that of conventional energy, for the second year in a row. ...Read More


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