|•Cost Competitiveness: Wind And Solar Closing The Gap With Fossil Fuels
2015 has brought about a significant shift in the generating cost comparison between renewable energy sources and fossil fuels, states a October 2015 analysis by technology and region, published by Bloomberg New Energy Finance.
The report titled - Levelised Cost of Electricity Update for H2 2015 - shows that the costs of onshore wind and crystalline silicon photovoltaics, two of the most popular renewable sources have reduced, while they have increased for energy from gas and coal-based...
•Can Solar Power Remain Cost Competitive In The Long Term
Aided largely by a favourable regulatory and policy environment, solar energy in India is already on the growth path. However its trend thatâ€™s likely to be accentuated in the near future with the sector expected to achieve grid parity over the next two years driven by growing demand and falling costs of photovoltaic modules (PV), a key component for solar power generation.
Acknowledging this trend a recent report by ratings firm Icra states that the significant decline in domestic prices...
•Indian Railways To Harness The Power Of The Sun
Tasked with the mammoth responsibility of transporting in excess of 23 mn passengers daily in addition to approx 3 mn tonnes of cargo, the Indian Railways is an indispensable arm of the countryâ€™s public transport network.
However in recent years, the glittering service record of the Railways has been heavily weighed down by an increasing fuel bill. No surprises then that the Railways is now increasingly turning to solar power generation to power its trains in its bid to reduce pollution...