Declining Photovoltaic Module Cost Accelerating the Indian Solar Energy
In an energy-starved country like India, there is tremendous potential for increasing the share of solar energy, as the cost of the solar panels has dropped by a whopping 60-70% during the last couple of years. Even the efficiency of the module has increased by 10-15%. This is easing the pressure on the investment for setting up a solar park infrastructure as more than half of the project cost is associated with procuring of solar PV modules. Further this is...
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