Is Solar Energy Cheap?
Yes, finally, as compared to previous decade, solar energy is cheaper. Infant, it is now even cheaper than coal. It is clear that India has been clearly backing solar energy. In recent times, the nation has unveiled unveiled a string of ambitious solar projects, including the world’s first 100 percent solar-powered airport and what is slated to become the world’s largest solar power station.
One of the consequences of all this ongoing investment in infrastructure is that the cost of providing solar power in India is becoming increasingly affordable – to the point where the country’s energy minister, Piyush Goyal, now says that solar power is a more cost-effective option than the old fossil-fuel staple, coal.