Indian solar power prices hit record low, undercutting fossil fuels

clock • 3 min read

Plummeting wholesale prices put the country on track to meet renewable energy targets set out in the Paris agreement

Wholesale solar power prices have reached another record low in India, faster than analysts predicted and further undercutting the price of fossil fuel-generated power in the country. The tumbling price...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

How the solar and storage 'sweet spot' could slash Europe's energy costs

How the solar and storage 'sweet spot' could slash Europe's energy costs

SolarPower Europe maps out scenario where solar and storage projects are deployed at scale through to 2030, cutting operating costs in half

clock 06 May 2026 • 7 min read
 Portsmouth Water inks deal for Wattstor to develop 3MW reservoir solar project

Portsmouth Water inks deal for Wattstor to develop 3MW reservoir solar project

Project combines solar installation with long-term tariff structure, allowing Portsmouth Water to maximise onsite generation and protect itself from price shocks

clock 06 May 2026 • 2 min read
Global solar sector raises $11.1bn in funding during first quarter of 2026

Global solar sector raises $11.1bn in funding during first quarter of 2026

Mercom Capital Group report details how improved policy clarity and strong demand has led to a further increase in solar funding

clock 05 May 2026 • 2 min read