Declining Solar Photovoltaic Cost to Boost Solar Power in India
Owing to growing cost of conventional energy and declining cost of solar power, government is now aggressively focusing on solar power to meet the growing demand of power. The major reasons for instant decline were the increased competition between the suppliers and introduction of competitive price design. In fact solar PV is currently competitive in some of the consumers where there dependency is very high on diesel power generation. Besides, this price reduction can also be attributed to the rapid...
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